Monday, July 21, 2008

Wamu

WaMu. The name itself is already nifty. It takes as little as a dollar and an internet connection to get you a Savings Accounts saving account. Sounds simple enough? They offer three different types of saving accounts to suit your unique needs. The simpliest one is the Statement Savings account. No matter how much you have in this account, they will give you the same interest rate at 0.25%. Keeping $300 in your account will save you the $5 monthly charge. It is best suited for keeping your liquad cash flow since you can withdraw or deposit at anytime. If you are like me, busy busy busy, the Online Savings account could be your best choice. Similar to the Statement Savings account, except that all transactions can be done on-line. Again, you may save the $4 monthly charge if you keep a minimum of $300 in your account. Well, if you do have some money you can set aside for a whole year, then like the name of this account Savings for Success, you surely seem to be heading the right direction despite the current economy. The APY for this account is 5%. No wonder it is saving for SUCCESS!

Now, have you picked the one that best suits your financial needs on Savings Accounts ?

Thursday, July 17, 2008

Extracreditcars.com

There is an agent for just about any business in the world now. Like a realty agent for buying houses, Credit Cards is an agent linking you to the credit card that meets your expectations. There is a card for just about any condition. Travel card, gas card, low APR card, bad credit card, prepaid debit card, business credit card, student credit card, you name it, they have it. Once you identify your preference, you can email their customer service and they can guide you to the right card. Since I am not really looking for another credit card, I was more interested in the informational pieces they have on their site. The credit card myth debunker page was definitely worth a read. I just found out having a high credit line may not be a good thing! I also learned what trailing interest is which I was charged before without knowing such a sneaky practice has been around. With gas prices so high now I bet everyone would want to have a 5% cash back on your gas purchases. Credit Cards features Discover Platinum gas card on their site which seems most appropriate especially this summer season. The only drawback is that I don't see a phone number I can call let alone a 1-800 number.

Wednesday, July 16, 2008

FabForex

What's up with all these "lead-on" websites? Forex is another one that is supposed to educate you (about trading) but hidden under all those external links on the site are links that lead you to Forex trading sites. I have never heard of Forex trading until now but it seems like a popular trade. As someone who has visited Asia twice in the last half year, I would love to have traded more foreign currencies with US dollars. Honestly, I was told that trading foreign currencies involves quite a bit of risk. Maybe that is when traders have to do a lot of research before getting into the real deal. On this site, I noticed many educational-focused articles regarding Forex trading, the few featured are "Charting a course in Forex," "Advantages of Forex Currency Correlations," and "Protecting yourself from Forex Scams." I believe the last article is definitely worth reading with so many tech-savvy criminals out there on the internet. On the flip side, the site basically reads like a total blast of advertisments. Nothing appealing for an average reader like me. Nonetheless, if you are serious about Forex trading, go visit Forex You might find it worth your time.