The economy is clearly circling the drain, and it makes sense for everyone to review their investments and overall financial picture. If you’ve bought CDs, for example, Billings Banking Rates could help you find the best CD rates currently being offered. That goes for money market rates, IRA rates and bond rates too.
You work too hard for your money to let it sit in low-interest accounts. Find out what Billings Banking Rates could help you do about it.
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
1.80% As of August 30, 2010 |  View Rate Details |  Discover Bank | CD Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
1.35% As of August 25, 2010 | View Rate Details | Billings Credit Union | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
A Certificate of Deposit, or CD is similar to a savings account in that it earns interest, but different in that you can set a length of time (anywhere from 3 months to 5 years) that you will not touch your savings. The reason you may choose this option is that banks typically offer higher interest rates because they know you are not going to withdraw the money. Banks can then loan your money out, and pay you a higher Bank Rate to allow you to earn even more money.
Most investing options do not require a strong credit score to become an investor. However, there are a few who do, particularly high interest rate savings accounts. Even if they do not require a credit check, it is a good idea to always remain on top of your credit.
Get a free credit report today.
The most difficult, and important, decision to make when investing your hard-earned money is which type of investment account should you choose. Certificate of deposits mature at a fixed rate on a fixed length of time, so you know what you’re getting up front. Mutual Funds may give a higher return, but are risky because they rely on the success of the stock market and the choices of the firm doing the investing on your behalf. Be sure to do your research on Billings Banking Rates before you decide.
Common types of investment income accounts:
No matter what type of investment you decide to make, or even if you’re just seeking more information to help you make the right decision, Billings Banking Rates can help make that decision easier.
Submit your information today to learn more and see available rates for CD rates and investments.
Billings Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.
Many local Billings credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Billings Banking Rates has relationships with many banks to maximize the potential of finding the best rates.
Check Rates in These Cities Near Billings: | Serving the Following Billings Zip Codes: | |||
|---|---|---|---|---|
| 59101 59102 59103 59104 59105 59106 59107 59108 59111 59112 59114 59115 59116 59117 |
Other Billings Specials: Billings Insurance Rates