Tuesday, 17 September 2019

AAA Banking Review: Checking, Savings, CD, Money Market and IRA Accounts

AAA Banking Review: Checking, Savings, CD, Money Market and IRA Accounts
31 Oct
5:40

AAA Banking’s Most Popular Accounts

APY

Account Type

Account Name

Compare Rates from Similar Accounts

1.85%

Savings

AAA Banking High-Yield Savings

1.90%

American Express National Bank High Yield Savings Account

on American Express National Bank’s secure website

Member FDIC

2.50%

CD Rates

AAA Banking 12 Month CD

2.55%

Goldman Sachs Bank USA High-yield 12 Month CD

on Goldman Sachs Bank USA’s secure website

Member FDIC

2.70%

CD Rates

AAA Banking 3 Year CD

2.85%

Synchrony Bank 36 Month CD

on Synchrony Bank’s secure website

Member FDIC

2.90%

CD Rates

AAA Banking 5 Year CD

3.10%

Goldman Sachs Bank USA High-yield 5 Year CD

on Goldman Sachs Bank USA’s secure website

Member FDIC

AAA Banking checking account options

magnifying glass

How AAA Banking’s checking accounts compare

AAA Banking’s High-Yield Checking account has one of the highest rates we’ve seen, and there are some pretty great ones on our list of the best online checking accounts. There are no fees, and you’ll have unlimited ATM refunds as long as you can meet certain qualifications. But if you do not qualify for these perks, you may want to shop around — though you could be sacrificing a great rate.

AAA Banking savings account options

magnifying glass

How AAA Banking’s savings accounts compare

The High-Yield Savings account offers a rate that’s slightly lower than some of the highest competitors out there. Where this account stands out is that there are low minimum balance requirements, as well as a lot of surcharge-free ATMs across the U.S.

This is a decent account, but if you want even more competitive rates, check out our list of the best online savings accounts.

AAA Banking CD rates

magnifying glass

How AAA Banking’s CD rates compare

AAA Banking’s CDs are pretty comparable to other competitors. Its minimum opening deposit amount is lower than some of the other ones on our list of the best CD rates, plus it features a wide range of terms. All this to say, these CDs aren’t a bad choice.

AAA Banking money market account options

magnifying glass

How AAA Banking’s money market accounts compare

Although the rates for AAA Banking’s Money Market account are slightly lower than the ones on our list of the best money market account rates, it’s still a decent account. First, it does have a fairly low minimum deposit amount. Secondly, it offers ATM access and limited check-writing capabilities. Few competitors offer both.

What we’re saying is that this Money Market account is worth considering.

AAA Banking IRA account options

magnifying glass

How AAA Banking’s IRA CD rates compare

The IRA CD rates for AAA Banking aren’t that great when compared to what’s being offered out there. While some of the rates are comparable for certain terms, the minimum opening deposit is higher than the ones on our list of the best IRA CD rates. Your best bet is to do some shopping around to find the best deal for you.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Sarah Li Cain

Sarah Li Cain |

Sarah Li Cain is a writer at MagnifyMoney. You can email Sarah Li here

TAGS:

Recommended by

This Cash Back Number May Surprise You

This Cash Back Number May Surprise You

Best Travel Credit Cards With No Annual Fee

Best Travel Credit Cards With No Annual Fee

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

2 Credit Cards Charging 0% Interest until 2019

2 Credit Cards Charging 0% Interest until 2019

Source: https://www.magnifymoney.com/blog/reviews/aaa-banking/

« »

Szemere

Related Articles