That is pretty unusual these days. About a year and a half ago, my bank offered a great deal on checking accounts with a $1000 minimum. They were paying 3.1% interest, so I opened 3 accounts. One was for business checking, one was for personal checking and the third was for a local savings account. Last July 1st, the lowered the rate and it has been going down ever since. They have been paying less than 1% now for a couple of months.
I logged in today and see that they have raised the rates.
My savings account checking, the one with the biggest balance, is now paying 1.74%; the others are paying a lower rate, but still higher than last month.
Heck that is almost as good as I can get on a 1 year c.d.!
I had a no use gas yesterday and the stock market went up slightly, so I am adding $3 to my challenge money.
Prev. total $2504.00
today 3.00
new total $2507.00
Yay! The interest rate went up!!
February 6th, 2010 at 09:36 pm
February 7th, 2010 at 02:54 am 1265511297
February 7th, 2010 at 06:37 am 1265524676