Credit Card Deals
As of August 6, 2002
These rates compare with a national average credit-card rate of 14.14%.
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 |
USAA Savings Bank
800-365-8722 |
10.00% |
$0 |
Bank One
800-436-7979 |
9.90% |
$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 |
1.03% |
6-month CD
Southern Pacific Bank
Torrance, CA
800-687-9688 |
2.65% |
$5,000 |
1.68% |
1-year CD
Southern Pacific Bank
Torrence, CA
800-687-9688 |
3.05% |
$5000 |
1.96% |
2.5-year CD
everbank.com
Wilmington, DE
888-882-EVER |
4.00% |
$1500 |
2.70% |
5-year CD
ING Direct
Wilmington, DE
800-ING-DIRECT |
5.00% |
$1000 |
3.92% |
