William Cowie

What’s the difference between monthly compounding and daily compounding for your savings accounts – and does it matter? How can you decipher what banks offer on their savings products?

In the current climate of rock-bottom interest rates, is there a way for you to find a higher return on your savings? You may be pleasantly surprised by some of these options.

Bank of America, one of the world’s largest and oldest banks, offers a competitive range of savings products.

Citibank is one of the world’s largest banks, offering competitive interest rates and a wide variety of banking services.

It is possible to pay bills directly from your savings account, but should you? Most financial institutions pay a higher interest rate on savings accounts than on checking accounts. So why shouldn’t you put all your money into your savings, earn the higher interest, and pay bills from that account? There are two main reasons… Continue reading Can You Pay Bills Directly From a Savings Account?

Debit cards are a common feature on checking accounts but not on savings accounts. Can you get a debit card on a savings account? Learn about debit and ATM cards – but the bigger question is: Should you want one?