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Additonal savings or (banking) account
  • Hi all:

    I would like to open an additional savings or (banking) account to put in just $10 a month for birthday girfts and christmas next year. Do you have an recommadations for a no balance fee account. I'm somewhat open to an additional banking so that I can just buy the gifts directly from that account?

    Any advice out there?
  • I believe Ally Bank is offering a very competitive rate without a minimum balance and no fees. Interest is compounded daily!! There are limitations for the number of withdrawals per month. Please read the fine print.Here is the link: http://www.ally.com/bank/online-savings-account/?INTCMPID=HP_NAV_SVG

    Also, for bank account (not to mention credit cards and CDs) comparisons, check out http://www.bankrate.com/.

    HTH

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