Credit Card Deals
As of October 15, 2002
These rates compare with a national average credit-card rate of 13.92%.
If You Carry a Balance
| Institution/Phone Number | Interest Rate | Fee |
Wachovia Bank
800-922-4684 |
4.75% |
$98 |
Pulaski Bank and Trust Co.
800-980-2265 |
5.50% |
$35 |
Chase Manhattan Bank USA
800-413-5661 |
6.40% |
$0 |
If You Pay Off the Entire Balance Monthly
| Institution/Phone Number | Interest Rate | Fee |
Chase Manhattan Bank USA
800-413-5661 |
6.40% |
$0 |
First Union National Bank
800-377-3404 |
10.74% |
$0 |
Wachovia Bank
800-922-4684 |
10.74% |
$0 |
This month's tip from the Bank Rate Monitor: Low rates aimed at boosting spending also aid in debt repayment, as more of each payment is applied to the principal. Reduce debt now while rates remain low.
Highest Money Market Yields
As of October 15, 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
ING Direct
Wilmington, DE
800-ING-DIRECT |
2.75% |
$100 |
0.96% |
6-month CD
Imperial Capital Bank
La Jolla, CA, CA
800-554-8014 |
2.62% |
$2,000 |
1.52% |
1-year CD
Imperial Capital Bank
LaJolla, CA
800-554-8014
|
3.01% |
$2,000 |
1.71% |
2.5-year CD
NetBank
Alpharetta, GA
888-256-6932 |
3.49% |
$1,000 |
2.30% |
5-year CD
Stonebridge Bank
Exton, PA
800-807-1666 |
4.65% |
$500 |
3.40% |
