Credit Card Deals
As of July 30, 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: When searching for a lower-rate credit card, keep in mind that issuers can offer different rates based on an applicant's credit history.
Highest Money Market Yields
As of July 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 |
2.77% |
$1000 |
1.04% |
6-month CD
Legacy Bank
Hinton, OK
800-687-9688 |
2.80% |
$10,000 |
1.70% |
1-year CD
Indymac Bank, FSB
Pasadena, CA
626-535-4870 |
3.15% |
$1000 |
2.00% |
2.5-year CD
NetBank
Alpharetta, GA
888-256-6932 |
4.01% |
$1000 |
2.75% |
5-year CD
Bank of Internet USA
San Diego, CA
877-541-2634 |
5.05% |
$1000 |
4.00% |
