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Old 12-31-2012, 10:23 PM   Topic Starter
The Bad Guy The Bad Guy is offline
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Best High Interest Savings Acct?

My son is 3 years old. He already has over 5,000 in the bank. I just have him in a traditional savings account right now, but I wanted to start gaining more interest for the account.

What's the best account option right now?

He made a whopping 2.38 on the account this year.

Thanks in advance for any help.
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Old 12-31-2012, 10:24 PM   #2
Guru Guru is offline
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Old 12-31-2012, 10:27 PM   #3
HoneyBadger HoneyBadger is offline
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Might wanna start investing in guns and ammo. Should yield a high return.
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Old 12-31-2012, 10:29 PM   #4
Fat Elvis Fat Elvis is offline
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High Interest and Savings Account are currently mutually exclusive terms.
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Old 12-31-2012, 10:30 PM   #5
siberian khatru siberian khatru is offline
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Originally Posted by Fat Elvis View Post
High Interest and Savings Account are currently mutually exclusive terms.
Thanks, Ben Bernanke!
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Old 12-31-2012, 10:31 PM   #6
DaFace DaFace is offline
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ING isn't bad, but it still sucks. Maybe a CD?
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Old 12-31-2012, 10:32 PM   #7
HoneyBadger HoneyBadger is offline
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Maybe a CD?
No one buys CDs anymore. I'd avoid them.
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Old 12-31-2012, 10:33 PM   #8
siberian khatru siberian khatru is offline
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No one buys CDs anymore. I'd avoid them.
Yep, most people download music today.
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Old 12-31-2012, 10:36 PM   #9
TribalElder TribalElder is online now
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Being the resident Tacoman, I feel obligated to point out that TribalElder knows what's up.
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Old 12-31-2012, 10:47 PM   #10
Kyle DeLexus Kyle DeLexus is offline
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CD rates are garbage right now. The best savings account interest rate I know about is smartypig.com at 1%. That's only slightly lower than most High Interest Checking accounts at the moment and you don't have to meet any requirements that I know of.
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Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Kyle DeLexus Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 12-31-2012, 10:58 PM   #11
ragedogg69 ragedogg69 is offline
Oh yeah..... you like that
 
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ill just leave this here:

http://www.fatwallet.com/forums/finance/1234357/
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Old 12-31-2012, 11:37 PM   #12
jspchief jspchief is offline
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Quote:
Originally Posted by Kyle DeLexus View Post
CD rates are garbage right now. The best savings account interest rate I know about is smartypig.com at 1%. That's only slightly lower than most High Interest Checking accounts at the moment and you don't have to meet any requirements that I know of.
Smartypig.com

Sounds like a place to entrust your money.
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Old 12-31-2012, 11:43 PM   #13
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Old 12-31-2012, 11:49 PM   #14
CoMoChief CoMoChief is offline
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Invest in gold/silver and commodities.

You'll be sorry if you just let it sit in a damn bank account and collect interest. The money collapse WILL come, it's now if, it's a matter of when.
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Old 01-01-2013, 08:53 AM   #15
3rd&48ers 3rd&48ers is offline
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Originally Posted by CoMoChief View Post
Invest in gold/silver and commodities.

You'll be sorry if you just let it sit in a damn bank account and collect interest. The money collapse WILL come, it's now if, it's a matter of when.
If Gold is so much better than $$$ Then why do you buy it with $$$?
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