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Old 12-31-2012, 11:23 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, 11:24 PM   #2
Guru Guru is offline
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Old 12-31-2012, 11:27 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, 11:29 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, 11:30 PM   #5
siberian khatru siberian khatru is offline
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Quote:
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, 11:31 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, 11:32 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, 11:33 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, 11:36 PM   #9
TribalElder TribalElder is offline
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I dunno. That's a looooot of AIDS to overcome
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Old 12-31-2012, 11:47 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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Old 12-31-2012, 11:58 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 01-01-2013, 12:37 AM   #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 01-01-2013, 12:43 AM   #13
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Old 01-01-2013, 12:49 AM   #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, 09:53 AM   #15
R8RFAN R8RFAN 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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