Recently the bank customers were all complaining about the high interest rates on loans asked by the banks. People were deviating away from the banks and were closing their accounts since recently it was announced that the interest rates will be kept low until the percentage of the unemployment has been improved meaning that the ratio drop below 6.3%. The challenge or the task is very hard to achieve but at the same time 2013 is a fantastic opportunity for the people to take advantage of the low interest rate and get stabilize financially.
Now the next task comes is to take full advantage of the time and offer and that can be made possible only by knowing which bank is offering the best packages. It is quite a hard work to do the hectic searching and reading out the detailed terms and policies before selecting a bank. Initially it is very much important to categorize your search. You can either be looking up for the online banking and banks which are offering the lowest interest rate or you can be looking for the bank which is having a branch nearby or at least in your city and is offering the low interest rate. It is much better to do the search separately since it will help in decision making.
Having an account through online banking is greatly advised and preferred because they offer the best rates and packages. There are a lot of tools and applications provided to the customer so that the customer can do anything online which can be done by going to a branch directly and much more than that. These tools include money transactions, checking your history, paying your bills and selecting the preferences along with applying for different offers and deals for your benefits.
Following are the banks which offer the best online savings account if you are interested in online banking:
Following are the banks which offer the best savings accounts and are also having their branches:
The Ally Bank is considered as the best for online banking because it is completely motivated towards the online banking only offering about 0.87%. It is giving the best packages because it wants to make sure that the online banking stays in demand and the customer ratio keeps on going up instead of coming down. The 2013 challenge has made the bank and the idea of having an account in it more appealing and beneficial. Another reason why the bank and its site is placed at the top level is that like other typical banks it doesn’t tries to hide its policies and terms. The pattern, color choices and designs of the website is very simple making all the writing clear and focused without hiding anything.
The American Express is having the average of 0.86% and it stands just beside the Ally Bank. The bank however is a complete hit on the basis of its successful credit cards but it doesn’t means that its deposit assets are ignorable. The bank knows how to compete and how to keep firm feet in the time of competition.
Sallie Bank offers an average yield of about 0.85%. The difference is not that much in average from the Ally or American Express bank but in reputation and the reviews, Sallie bank comes way after the Ally and American Express Bank. There are several difficulties faced by the users while they are managing the online account. The reason is that the format and style of the website is very much complex. The policies and terms are not easy to understand at all thus confusing the customers.
There are people who avoid online banking especially in those banks which are not having any branches in the city where the person lives in. the reason is that they are used to the traditional way of visiting the bank branch to solve any major problem. These people are very much conscious about their money and that is why they don’t go for online banking completely.
The Mile High bank is for the people who live in Colorado. It is not a long chain of banks but at the same time it is also not an unsuccessful one. It is having about 16 branches and you are one of the lucky ones if you live nearby. It offers the average yield of about 0.74 percent. Capital bank however gives tough competition to the bank since it is having the average yield of about 0.68%. The bank is having about 1000 branches in about nine states but they also offer the best services for their clients and they have the opportunity of visiting the bank branch anytime they want to.
Utah and Idaho are the places where people can get benefit from the offered average of about 0.64%. The bank is having about 1500 locations and it comes after the Capital Bank but is in better state then Mile High Bank. On the other hand it is better than other banks offering much less average which is not at all impressive.
Once that your search is completed and you have decided that which bank will you choose to open an account than you can take advantage of the low rate. People have started to pay more attention in their finances since they have started to notice that they can get more money or they can save more money. It is better to never hurry yourself in a deal. Make sure that you are completely relaxed and you have read the terms of policies very carefully. Once you are complexly satisfied with the offer then you can seal the deal for your better financial future.
It is better to take advantage of the offer while it is open and valid since it is the rate of unemployment and it cannot be solved in the real future.
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