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 What does interest rate mean to a savings account?

Answer Many savings accounts offered by banks allow you to earn interest on the money you have on deposit. This interest often requires a minimum balance be maintained and isn't offered with every single ... Read More »
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Top Q&A For: What does interest rate mean to a savings account

What is the average interest rate for a savings account?

The average interest rate on savings accounts in the United States as of early April 2010 is 0.21 percent. The average rate can and does vary from state to state. It pays to comparison shop, and al... Read More »
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What is the average interest rate on a savings account?

The interest rate on a savings account can vary widely depending on where you are located and the current state of the banking industry. As of May 2010, savings accounts earn an average interest ra... Read More »
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What is the average interest rate for a personal savings account?

Savings accounts are one of the most common types of bank accounts. They are also often the lowest-paying interest-bearing accounts offered. However, they are fully insured by the FDIC, and typical... Read More »
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How much interest does one typically get from a savings account?

According to the Bankrate website, the average percentage yield for savings accounts in June 2010 ranged from 0.10 to 1.40. Typically, the best interest rates for savings accounts are offered by on... Read More »
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