savings account

With experts predicting that unemployment figures haven't bottomed out, it's no surprise that Americans continue to hold tight to their wallets. To help, WalletPop wants to answer your questions about security, investing and other financial matters. Here's this month's sample: Question: What is...

Americans are saving more of their earnings than they have in years, and that's a good thing. But unfortunately, we're not being rewarded for it the way we were in flusher years. By now, everyone has heard about the government's unprecedented actions to drop interest rates to historic lows so...

As with too many lessons I try to teach my daughter, now 5, I end up caving in and the lesson I set out to instill is lost. We'll see if it turns out the same way with her savings account we recently opened together, but it couldn't have been a strong lesson in how to save money when immediately...

Millions - possibly billions - of dollars are homeless, lacking a warm, dry bank account providing a roof over their heads. Although it might seem hard to imagine a day where we're stuffing mattresses with money instead of depositing paychecks in the bank, analysts say that scenario isn't too far...

How much interest are you earning on your savings account? Checking? Now when was the last time you checked that amount? You may be surprised to find out just how low you're "High Yield" online savings account's rate has slipped over the past year. Since banks aren't required to inform you of every...

Earlier today I found out about a new entrant to the high yield online savings market on CNN which is offering a savings account with an interest rate of 3.75%. Dollar Savings Direct boasts that this new savings account has America's highest rate* a full quarter of a percent above its nearest...

With an unpredictable stock market, savers are looking for safe havens for their money. The issue of maintaining an account balance is particularly important to retirees, but as the Fed has cut the interest rate, yields on checking accounts, savings accounts, money markets, and certificates of...

As the Federal Reserve continues to cut interest rates, those who are traditional savers are suffering. Decent interest rates on savings accounts are going away fast. And the interest on money markets is dwindling too. Between money markets and savings accounts, you're lucky if you're getting 2.5%...