2008 Best Balance Transfer Cards

Another High Yield Savings Account is Sold Out - Today's Best Choices?

Less than two weeks after AmerciaNet Bank stopped accepting new applications, Evantage Bank has done the same thing. Both its Mega Money Market and Rewards Checking accounts are "sold out". The Mega Money Market account had been the best nationally available liquid account. By "best" I mean the highest rate for balances up to $35K that wasn't an intro special. At least those who already have this account can enjoy the 1.75% APY. When banks start to attract too many deposits, they can either lower rates or stop accepting new applications. For existing customers, stopping new applications is definitely preferable. Hopefully, they'll be able to maintain the rates. At the very least, I hope they give the advanced notice like they did last year if they have to lower rates.

For those who didn't open a Mega Money Market account, I thought it would be useful to review the remaining rate leaders. This excludes accounts that are not available nationwide. It also excludes intro rates and reward checking accounts that require debit card usage. The problem with liquid accounts is that you never know how the rates will hold up. It's rare for any bank to be a rate leader for the long term.Once the banks to achieve their deposit, there will be pressure to lower rates. It is an advantage of the bigger banks. They should be able to better manage customers nationally. So, in the list below, I noticed the size of the bank by deposits. - # 1, Tuesday, February 15, 2011 - 06:16 PM

I just sent my deposit to open the Bank M & J to open my new account. At least I did not see this stipulation maximum balance and as Evantage AmericaNet. I also received a $ 10 bonus for opening an account. Time to move some of my money away from the crowds bank 1%.

The good news is that M & J Bank does not do a hard credit pull. The bad news is that with M & J being a small bank, and with lots of new accounts going to be opened there now because Alliant and the other big ones have dropped so low, the odds of M & J keeping their current rate for very long are small.

How to Find 0% Balance Transfer Credit Cards | Daily Rosetta

DailyMarkets.com, which is consumer finance and investing site founded in 2008, has revealed tips on how to find the best 0% balance transfer credit cards that will help people cut their credit card debt.

The website, a New York-based consumer finance website that helps people save smarter and invest smarter, has an exclusive consumer finance section, with a special emphasis on educating US consumers about credit cards and helping them find the best credit cards for their needs.

Balance transfer credit cards is a simple, yet under-used strategy that people should use to get rid of their credit card or store card debts to reduce their interest costs.

“If you have an existing card debt and are currently paying high interest on it, 0% balance transfer credit cards can be your life-saver and help you get out of debt faster. With a 0% balance transfer, you can move your credit card or store card debt from a high-interest card account to another card that charges zero interest on that balance for a promotional period of time,” said DailyMarkets.com founder and CEO, Grace Cheng.

Balance transfer credit cards work when a person transfers an existing balance of one credit card to another card that offers a lower interest rate, or even better, offers a 0% introductory interest rate on balance transfers for a specific duration, which can last from six months to a year or longer.