Credit Card Deals
As of June 25, 2002
These rates compare with a national average credit-card rate of 13.85%.
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 cards wisely and actively reduce debt loads now while rates are low.
Highest Money Market Yields
As of June 25, 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
Safeway SELECT Bank
Cicero, IL
877-924-7800 |
3.50% |
$100 |
1.06% |
6-month CD
Legacy Bank
Hinton, OK
800-687-9688 |
2.80% |
$10,000 |
1.77 |
1-year CD
ING Direct
Wilmington, DE
800-ING-DIRECT |
3.30% |
$100 |
2.16% |
2.5-year CD
USAccess Bank
Louiseville, KY
800-564-7426 |
4.35% |
$500 |
2.98% |
5-year CD
Bank of Internet USA
San Diego, CA
734-541-2634 |
5.30% |
$1,000 |
4.19% |
