Thursday, April 12, 2007

Finding the best online savings account

I am not sure about you guys, but a lot of people prefer to their money in their savings accounts as a risk free investment. However, a lot of people complain that earning on the money saved is quite low. There are so many banks around that promise you the best interest rates that choosing the best one can be prove to be quite a headache.

Compare online banking savings accounts and find a new savings account or checking account that earns more interest today with SavingsAccounts.com

This new site focuses on the direct to consumer online banking industry. They promise to help you find the perfect online savings account. Even though it is still in the early development stages, the site is a great place to learn how to earn better interest rates. They do this by comparing online banks and finding one offering the highest interest rates. This will be based on your specific account features that best suit your individual needs.

When I last checked, HSBC was the most attractive with interest rates for savings accounts as high as 6%.

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