- advertisement -
Exclusive   2007 Checking Study
  STATISTIC: The average monthly service charge for interest-paying  
  accounts jumped nearly $1 a month.  
   

Average interest yields keep dropping
 

The average yield on interest-paying checking accounts has ticked even lower since last year, from 0.34 percent to 0.32 percent.

Yields for interest-paying checking accounts have been perpetually relegated to the cellar, a fact evidenced by the dreadfully low interest payouts in recent years, regardless of whether interest rates were rising or falling.

The ultra-low yield is a good argument for not letting a large balance pile up in those accounts.

Average yield
Create a news alert for "checking study" -- Posted: Sept. 26, 2007
<< Previous article | Next article >>
   

 RESOURCES
New highs for opening interest accounts
Avoid fees by maintaining minimum balance
Non-interest account fees hit new low
 TOP CHECKING STORIES
Winners and losers: Certificates of deposit
Winner or loser: Mortgage shopper
Winner or loser: Home equity loans




INTRODUCTION
 
 
 
 
 
 
 
 
 
 
- advertisement -
- advertisement -
- advertisement -