Credit Card Deals
As of May 28, 2002
These rates compare with a national average credit-card rate of 13.47%.
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
800-365-8722 |
10.00% |
$0 |
This month's tip from the Bank Rate Monitor: Personal bankruptcies are at a record level. Don't become a statistic. Use credit wisely and actively reduce debt loads now while rates are low.
Highest Money Market Yields
As of May 28, 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
American Express CB
Midvale, UT
888-356-1006 |
3.05% |
$5,000 |
1.08% |
6-month CD
Legacy Bank
Hinton, OK
800-687-9688 |
2.90% |
$10,000 |
1.83 |
1-year CD
Omni National Bank
Fayetteville, NC
910-483-1131 |
3.35% |
$5,000 |
2.24% |
2.5-year CD
Capital One, FSB
Falls Church, VA
800-564-7426 |
4.50% |
$10,000 |
3.11% |
5-year CD
Capital One, FSB
Falls Church, VA
800-564-7426 |
5.60% |
$10,000 |
4.43% |
