Go to Jeff Salisbury LWGate Home Page.From: "Sheth, Kalpesh" <sheth@lucent.com>
Subject: Date: Thu, 14 Jan 1999 11:24:56 -0500
Date: Thu, 14 Jan 1999 11:24:56 -0500
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Hi, I haven't heard any real money market (MM) account which are FDIC insured!! Banks now a days use the word "money market" for their checking/savings accounts, with very low returns. I have found GE Capital (1-800-433-4480) Interest Plus account which gives you on average > 5.1% return. If you open a new account they give you $25 bonus also. But this is not FDIC insured. Though GE Capital is subsideary of big conglomerate GE, and what are the chances of it going bankcrupt? I take (hardly!!) little risk for big return and "relative" safety too. You can write checks (min $250) out of this account and THEY print checks for you!! Check it out... - -Kalpesh Sheth sheth@lucent.com Date: Thu, 14 Jan 1999 09:00:49 -0600 From: "Robert R. Kalt" <rrk@aps.anl.gov> Subject: Money market account recommendations? Hi All, The interest rate on my money market account (not fund) has steadily declined and now is 3.13%. I am looking for a new FDIC insured account for my super safe money. Any ideas?? - -
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