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High yield money market account with capital one? |
Im looking into opening a high yield money market account with capital one...i was just wondering how and what the interest rate is for. I thought all that mattered was the APY. Ive always been under the impression that Capital One was a credit card company that gave credit to people with bad credit and high annual fees and are known for high fees for anything you do with them.. I may be wrong but I don't think I am... Any of these credit companies that are in this Field are probably going to screw you real hard for fees. Look into it... get many opinions... Good Luck.. I have had a MONEY MARKET account from cap one for over 2 years. It's one of the high yield accounts that are being offered now. I can't answer specifics (about yield and stuff) but they do have high interest rates. However, your copy paste looks a little weird because they don:t give you 5% if you don:t have a specific amount of money in your account. So be CAREFUL! |
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the higher the yield on a security, the higher the risk. High yield bonds are generally in reference to bonds that are non-investment grade, or have a "junk bond" status. It means the p... Rates of 2% per day are impossible, so the site seems an obvious fraud to me. As for high yield bonds, here is an explanation. The interest rate at which a company will be able to issue bonds d... Forget banks. You should do what I did and give all your money to some Nigerian guy who needs it to become a prince! ...There are a lot of scams on line. If they promise 1% a day, or even 1% a month, they are a scam. You should consider the Vanguard Prime Money Market Fund with a current compound yield of ~4.55%... Your interest through BOA accrues daily and compunds monthly. The 4.72% is your annual rate; however, the 4.8% is your yield due to compounding. The math would be as follows: 11000 times 4.8% ... It's difficult to find precisely what you are seeking as definitions of what constitutes "high-yield" change over time. However, a good proxy would be a high-yield tax-exempt mutu... The U.S. government does not issue high yield bonds. U.S. government bonds are the safest investment and maintain the highest credit rating. Regarding corporate high yield debt, that really dep... Your idea is fine. If those "unforseen expenses" which jump up and bite all of us come up again, you still have the option of drawing down on the high yield savings account. I like your... |
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