Thursday, December 8, 2011

What country or what bank offers the best interest rate on savings for, say 100K USD?

I would like to know what country, what bank, offers the best interest rates for my money


about 100K USD, to be saved in such account


the best I have found commecially is about 6% annual


but this is nowhere near the best in the world


so, where is it and what bank offers it?|||i think 6% is great nowadays if there's no risk involved. interest rates are so low now. i'm not sure about international banks or investing, but just thinking about the U.S. municipal bonds used to be fairly safe, and would pay nicely like 10 or 12%, but now local governments have having so much problems that they're risky investments. you could try the stock market or gold or silver. i think they will continue to go up for sometime longer, but that's all risk.





i think your 6% sounds very good as long as you're sure it's safe.|||Since you are asking for best interest rates in any country, I suggest you INDIA. The maximum rate of interest for a term deposit of 5 yr tenure is 12 percent which is double than what you have quoted and this is a safe investment in Banks regulated by the Reserve Bank Of India.


If you want to enter private sector and buy debentures of a well established business house, you are offerred 16.67 percent effective rate and your investment will get double in 72 month. This investment is also guaranteed by the charge on its particular assets through company law of India.


In case of need contact khayumpasha@gmail.com

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