pigeonpie
Contributing Member
Cash: $ 3.40
Posts: 25
Joined: 20 Aug 2005
Location: England
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| Best online savings plan |
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What is the best saving plans to gain interest on the internet. I currently have an egg savings account?
kaz
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Sat Aug 20, 2005 10:56 pm |
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john007ltd
New Member
Cash: $ 0.70
Posts: 3
Joined: 28 Aug 2005
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how do you trust yr money in a "virtual bank"... isn t it suspicious that it has a high savings interest rate than anyother bank??... a question: I come from Greece, which online savings account should i choose since most are valid for US residents?
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Mon Aug 29, 2005 11:02 am |
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sayyes
Preferred Member
Cash: $ 11.60
Posts: 143
Joined: 02 Jul 2005
Location: Newport, RI
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I trust them because they are FDIC insured, which is a US government group that insures your savings up to $100,000. So if the bank goes bankrupt, I still get my money as long as I have less than $100,000.
I'm not sure about any online banks in Greece. If you don't have anything like the FDIC there, I would be skeptical of online banks as well. You may think about contacting the US banks and see if they will take you as a customer, although you'll probably loose alot of money due to exchange rate fees.
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Mon Aug 29, 2005 12:40 pm |
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