12-09-2012 01:34 PM
I finally have a decent size savings account (i.e more than $100...lol) and I noticed that Bank of America credited me $0.10 for earned interest last month. Upon further investigation, I found out that my savings APR is 0.01%. Seriously 0.01%?????
That rate applies to all balances too. So that if someday my $5000 balance becomes $50,000, I will still only earn 0.01%
Ridiculous. I moved my money to Capital One (I know). At least I'll earn 0.60% there. I need to call my credit union in the morning to see what their rates are.
12-17-2012 05:01 PM
The awesomeness of BofA's savings account is in the Keep the Change program. It's 100% return after a year, and 5% per year afterwards.
12-18-2012 05:06 AM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.