dinsdag 6 oktober 2009

Online savings accounts, a good way to economize?

With basic interests on an all time low, everybody is looking for better ways to invest their money without taking too many risks. A very popular alternative for the traditional savings account is the online savings account, but is the profit worth the change?



Most people, groundlessly, don't trust the online savings account because it is 'online' and therefore dangerous, but are you willing to take 'the risk'?


Maxime Meulemeester


Source: Netto


2 opmerkingen:

EcoEnglish zei

AT an all time low
groundlessly --> with no good reason
economize --> save?

EcoEnglish zei

Online saving accounts, a good way to save your money?

[Photo]With basic interests at an all time low, everybody is looking for better ways to invest their money without taking too many risks. A very popular alternative for the traditional savings account is the online savings account, but is the profit worth the change?

The answer to this question is yes, the average online savings account offers a basic interest of almost 2%, while the average traditional savings account only offers 1,4 %.

Most people, with no good reason, don't trust the online savings account because it is 'online' and therefore dangerous, but are you willing to take 'the risk'?

Maxime Meulemeester

Source: Netto