Credit Card Deals
As of December 5, 2000
These rates compare with an national average credit-card rate of 17.36%.
If You Carry a Balance
| Institution/Phone Number | Interest Rate | Fee |
Pulaski Bank & Trust
800-980-2265 | 8.75% | $35 |
Wachovia Bank Card Services
800-842-3262 | 9.50% Variable
| $88 |
Capital One Bank
800-822-3397 | 9.90% |
$0 |
If You Pay Off the Entire Balance Monthly
| Institution/Phone Number | Interest Rate | Fee |
Capitol One Bank
800-822-3397 | 9.90% | $0 |
Wachovia Bank Card
Services
800-842-3262 | 10.90%
Variable | $0 |
First Internet
Bank of Indiana
888-873-3424 | 12.00% | $0 |
This month's tip from the Bank Rate Monitor: Avoid financing holiday
purchases and pay cash whenever possible. Credit cards are
not a cost-effective way to manage debt.
Highest Money Market Yields
As of December 5, 2000
Annual percentage yield assumes that the interest earned on an account is
allowed to compound for a full year:
| Account | Highest | Minimum
Deposit | National Average |
Money Market
Cross Country
Bank
Wilmington, DE | 6.55% | $500 | 2.14% |
6-month CD
Capital Crossing Bank
Boston, MA | 6.79% | $2500 | 5.28% |
1-year CD
ING DIRECT
Wilmington, DE | 7.50%
| $1 | 5.53% |
2.5-year CD
Captial One FSB
Falls Church, VA
| 7.11% | $10000 | 5.62% |
5-year CD
Capital One FSB
Falls Church, VA | 7.42%
| $10000 |
5.92% |
FOR OTHER INSTALLMENTS OF BEST RATES
