AARP High Yield Savings
Category: Bank Deals- gotalkmoney.com- 10:37 pm/ May 9, 2008I was approached by AARP this week and was asked if I could highlight their high yield savings account and of course, I’m writing about it right now.
AARP is currently offering a high yield savings account that only requires a $1 minimum and is currently getting a very high rate of 4.50% APY as of May 10, 2008. This rate blows away IndyMac’s 4.00%, which was the industry leader late last week.
I also did some quick research and most people are under the assumption you have to be at least 50 years of age to qualify for an AARP membership. This isn’t the case. Anyone can sign up for a membership. If you fall under the age of 50, you can be approved for an associate’s membership. This membership entitles you to some benefits and one these benefits is the high yield savings account.
For more information on this high yield savings account, visit the AARP’s website.
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