There’s a trend going on at your local credit unions and banks: people are saving again.
That’s probably because the interest rate credit unions and banks pay on savings is inching up.
Unfortunately, most savers don’t get the highest interest rates because most people can’t deposit anywhere near the amounts that qualify for the highest interest rates.
Fortunately, one central California credit union has introduced a savings plan that pays the best rates on lower balances. It’s the Reverse Money Market savings account and it’s available only from Noble Credit Union. Whether you’re saving for a rainy day, or you have a goal in mind, the Reverse Money Market savings account can get you there faster.
Here’s how it works:
- Deposit $100 to $2,500 in in a Noble Reverse Money Market account and you qualify for the highest interest rate available.
- There’s no penalty for withdrawals, and you get a maximum of 6 no-fee electronic withdrawals or transfers per month.
- You’ll have access to your funds 24-hours a day, 365 days a year through “Noble Mobile” – use a smartphone or tablet for personal banking wherever you are.
Go to NobleCU.com to research the Reverse Money Market account. All the rates are published, and you can use an on-screen calculator to determine your eventual interest earnings.
The Reverse Money Market savings account looks to be the best way to save money today. Because the Reverse Money Market savings account pays the highest interest, it’s a great way to make money – and because the account is liquid, you can access your funds without penalty.
When it comes to making the most out of your savings, you can do better. Say goodbye to the big banks and move your money to a local credit union. Credit unions beat the big banks every day by having fewer fees, paying higher interest rates – and providing the kind of highly personalized services the big banks can’t begin to achieve.
At Noble Credit Union, members have access to a full range of financial services, including no-fee checking and savings accounts, the low rate VISA MyRewards credit card, free “Noble Mobile” banking with Bill Pay and Mobile Check Deposit, and professional budget management. Members receive highly personalized service and the essential services needed to manage finances with ease.
For more information about Noble Credit Union’s new Reverse Money Market account, visit NobleCU.com.