Credit Card Deals
As of April 30, 2002
These rates compare with a national average credit-card rate of 13.42%.
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: Late fees are rising, especially for those consumers with larger balances. In addition to higher fees, late payments can also bring about punitive interest.
Highest Money Market Yields
As of April 30, 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
Nexity Bank
Birmingham AL
877-738-6391 |
3.00% |
$1000 |
1.07% |
6-month CD
giantbank.com
Fort Lauderdale FL
877-446-4200
|
2.76% |
$2500 |
1.83 |
1-year CD
ING Direct
Wilmington DE
800-ING-DIRECT |
3.30% |
$100 |
2.26% |
2.5-year CD
Capital One FSB
Falls Church VA
800-564-7426 |
4.60% |
$10000 |
3.15% |
5-year CD
Capital One FSB
Falls Church VA
800-564-7426 |
5.62% |
$10000 |
4.44% |
