Credit Card Deals
As of March 12, 2002
These rates compare with a national average credit-card rate of 13.05%.
If You Carry a Balance
| Institution/Phone Number | Interest Rate | Fee |
Chase Manhattan Bank
800-413-5661 |
4.75% |
$85 |
Wachovia Bank
800-922-4684 | 4.75% | $88 |
Pulaski Bank and Trust Co.
800-980-2265 | 5.50% |
$35 |
If You Pay Off the Entire Balance Monthly
| Institution/Phone Number | Interest Rate | Fee |
Chase Manhattan Bank
USA
800-413-5661 | 6.40% | $0 |
Generations Bank
877-788-3520 | 9.90% | $0 |
USAA Savings Bank
800-365-87220 |
10.00% |
$0 |
This month's tip from the Bank Rate Monitor: Rates are stabilizing after dropping for much of 2001. Neither a fixed nor a variable-rate card will serve as any haven after rates begin to rise.
Highest Money Market Yields
As of March 12, 2002
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
ING Direct
Wilmington DE
800-ING-DIRECT |
3.25% |
$1000 |
1.07% |
6-month CD
Bank of Internet USA
San Diego CA
877-541-BOFI
|
2.94% |
$1000 |
1.78 |
1-year CD
State Farm Bank
Bloomington IL
877-734-2265 |
3.30% |
$500 |
2.12% |
2.5-year CD
Key Bank USA
Cleveland OH
800-KEY2YOU |
4.50% |
$5000 |
2.97% |
5-year CD
Provident Bank
Cincinnati OH
800-335-2220 |
5.55% |
$500 |
4.29% |
