Monday, September 1, 2008

Savings Online

What is your bank paying you to take care of your money ?Traditional passbook accounts usually don't pay you a whole lot to baby sit your money .A CD sometimes pays a little more ,but most of them tie up your money for a specified time period .But thank goodness that their is another option ,one that pays a competitive rate yet does not tie up your money .Its the online savings account ,a good alternative to a traditional passbook savings or even a CD .One of my favorites is the HSBC Direct Savings account which is now paying a healthy 3.5 % A.P.R. until September 15 .So check it out !

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