SmartyPig combines the features of a savings account with social networking. The savings account is aimed at folks who want to put money aside for a specific goal. With savings rates averaging 1.32%, the 2.01% annual percentage yield (APY) being offered by SmartyPig is a pretty good deal. Here’s how the savings account works:
- Automatic transfers from your checking account
- Set up as many goals as you want
- Family and friends can contribute to your savings to help you reach goals faster
- Open a savings for free
- Savings goals can be a minimum of $250 to a maximum of $250,000
- Minimum deposit of $25 to begin savings goal
- Recurring monthly contributions must be a minimum of $10 to a maximum of $50,000
Once you meet your savings goal, the automatic monthly contributions stop. You can transfer the money into an existing savings or checking account for free. The savings also can be used to purchase gift cards from a variety of retailers. The bank does not charge monthly fees, load fees, or ATM fees.
All money in SmartyPig savings accounts is held at West Bank of Des Moines. Money in savings is insured by the Federal Deposit Insurance Corp. (FDIC) up to $250,000 per depositor.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.92 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
-
If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you. Whether you work with the bank or you found a deal in the newspaper, simply click on the submit a bank deal on the right hand side and help us all out!
-
If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you.
-
Confused on what you should invest in? Let the GoTalkMoney.com community help you when it comes to investing into a CD. If you already know what you're going to invest in, please vote on the poll on the right. If you want to see the results and you don't know what to vote, simply hit "I'm Not Sure" to see the results.
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
