What bank(s) savings carrys the highest interest earning potential in chicago il?


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I have 3000 and I wanna lend it for a year.
I also wanna know where can a minor of 17 yrs old can get a debit card?


Banks in Chicago, IL



Answer (1):

 
money

a rewards checking account may not be the best option; you may be better off with a high-interest savings account through either a traditional bank or an online bank.

As you search for a high-interest savings account, be sure to look at online banks.

Though many traditional banks (like Bank of America and Wells Fargo) have a growing online presence, they generally have lower interest rates and higher fees than online-only banks like ING Direct.
Security concerns are the biggest thing that hold people back from banking online. But Consumer Reports Money Adviser claims that online banking may actually be safer than traditional banking because there’s no paper trail and because your transactions are digitally encrypted.