In the US, the Bank Rate Monitor has free information about bank rates, credit cards, and banking trends. If you have a regular bank saving account, you may want to change it to a money market account with a better interest rate. Most money markets stay liquid and require a minimum balance. Check out all the pros and cons with your financial institution. If you have a regular bank saving account, change it to a money market account with a better interest rate.
Most money markets stay liquid and require a minimum balance.
If you'd rather do your banking from home, try a virtual bank. They tend to have lower fees and will pay higher interest rates. In Canada, try ING Direct , Citizens Bank , BMO mbanx Direct , Manulife Bank , or President's Choice Financial . Order your cheques from a mail order company rather than the banks which charge high markups. Banks are notorious for service charges.