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Personal Finance Columnist, Stacey Bumpus, Reveals 5 Lesser Known Facts about Savings Accounts
Go Banking Rates personal finance columnist, Stacey Bumpus, divulges five truths about savings accounts that many Americans don’t know about in order to educate depositors on the multifaceted benefits of maintaining a savings account.
Stacey Bumpus, columnist for GoBankingRates.com, outlines the benefits of opening a savings account, despite today’s low savings account rates and highlights the little-known advantages that this type of deposit account offers.
One of the five savings facts that Bumpus explores is the various types of savings account options out on the market, including high-yield savings products.
“… It’s a good idea to consider a high interest rate savings account. Many depositors are unaware of these great savings accounts that offer a higher rate in exchange for a deeper financial commitment with the institution,”
Savings accounts are far more multidimensional than most bank depositors assume, so the more customers discover about these great deposit accounts, the better their chances of growing savings substantially will be.
Click here to read the full article and full list. (http://www.gobankingrates.com/
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