How To

How to Get a Great Interest Rate with No Minimums

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By Anne-Marie Mascaro
User-Submitted Article
(0 Ratings)
You can paper your ceiling with the interest you earn
You can paper your ceiling with the interest you earn

Not very wealthy, but hoping to be one day? Make your dreams come true a little faster by investing your money with these accounts that can save you lots of extra money-even when you have very little. Keep your account online only so you have less of a chance of being tempted to touch it.

Difficulty: Moderate
Instructions

Things You'll Need:

  • Internet service
  • Phone

    How to Get a Great Interest Rate with No Minimums

  1. Step 1

    Go to ingdirect.com and open your free account with no minimum balance.

  2. Step 2

    Go to Citibank.com and open up a savings account online. If you are a new customer, speak to a representative about any potential bonuses you can get-matched money or a free $25 deposit for opening an account for example.

  3. Step 3

    Link your checking account to either your Citibank or ING account. Go one step further and set up an automatic withdrawal plan so it takes your willpower out of the equation.

  4. Step 4

    Sit back and watch your money grow. Then once you have enough to fulfill the requirements of accounts that require minimums, open up another account and receive more profit!

Tips & Warnings
  • Always consult a financial advisor before investing large amounts of money

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