Finance, Forex and Investments

What are the highest interest rates for savings and fixed deposit?

What are the highest interest rates for savings and fixed deposit and in which bank? Which country? Can foreigner open accounts in these banks?

Public Comments

1. Go to www.bestrate.com for U.S. banks. You can open an account here as long as you have some sort of tax i.d. number (like a social security number).
2. Check out Bankrate.com
3. US Banks have been paying the most interest. Foreigners have been buying US debt and investing in US banks forever. Currently Zions Bank (866-7618349) offers a savings account paying 3.50 % when $20,000 is deposited. Smaller amounts give less interest. CD's are generally available paying 5.32 % with a deposit of only $1000.00 and held for 1 year. Both of these quotes are FDIC insured. Check on Savings and CD Rates by typing in BEST CD RATE or BEST SAVINGS RATE into your Yahoo Search.
4. Try paypal moneymarket, you just keep you money there (anything) and you get almost 5% BUT i believe you need a SS number.
5. the white card
6. Interest rates are a factor of the supply and demand for money. So, the answer is...it depends.
7. Fixed ratees currently in the US are rathre low 3-6%. Accounts in which you can open an account depends on your Nationality.