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Discover Bank Increases Their Rates
Posted By Ron On March 2, 2011 @ 1:00 PM In Banking | Comments Disabled
Discover Bank High Yield Savings Accounts  now have an interest rate equal to their 12 month CD and surpassing ALL of their money market accounts – even the money market accounts that have a balance in excess of $100,000. You’d have to tie up your money in an 18 month CD to get a better rate from them!
That interest rate is now FIVE TIMES the national average and with FDIC insurance (up to $250,000), a low opening deposit, no monthly fees, online access, and 24/7/365 support, saving money with Discover Bank  just makes good financial sense.
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