Which is best bank in New York for opening a savings (money market) account for 50000$ and above?Which is best bank in New York for opening a savings (money market) account for 50000$ and above? I have a CITIBANK which is paying a measly 1%. Any suggestions? | |
All banks are paying crapped out interest rates.
If you have that amount, consider going with a discount broker like
Charles Schwab or Fidelity Investments
If you are willing to tie up your money, you can find 5 or 10 year cd's paying 3.6 interest.
Tell Obama thank you for all his does next time you visit DC.
We sure appreciate interest rates at nothing.
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