3
comments
comments
Best Place To Store Cash
Email
 Print
|
CNNMoney has a great article on the best place to put your short term funds. They discuss the merits and drawbacks of savings accounts, money market accounts and CDs for those of you who aren’t familiar with the differences. Personally, I deposit my cash with Emigrant Direct, get my 3.5% interest and can relax knowing I have the flexibility to withdraw and deposit at will (not possible with CDs and limited ability with money market accounts). Now, if you’re not comfortable with online banking then perhaps you’ll find a good alternative in their article.
{ 3 comments, please add your thoughts now! }
Related Posts
 By Jim |
 Stumble It! Bookmark reddit.comTags: Emigrant Direct Sep 14, 2005 | Read more in Banking |
Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.
I was thinking about the Emigrand Direct account for my short term savings. How does deposits and withdrawls work? Do they have special ATM’s that you can use? Do they waive fees?
It’s entirely online so you link another bank account to it in order to do deposits and withdrawals. You get no ATM card so no ATMs and there aren’t any fees.
presidential online bank pays $3.75 percent on a checking account with a minimum balance of $1500. best deal around, i think.