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Title : Best Online Savings Rate With Mango Money
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Best Online Savings Rate With Mango Money

Mango prepaid debit card customers have a unique opportunity to earn a high yield interest rates savings account opening is different from the prepaid account. This savings account is designed for those who participate in regular transfer to the debit card. Think of a debit card, Mango and savings account as a new generation of control and savings.

Wages or other income is directly deposited Mango and the amount loaded on a debit card, and the amount claimed was paid on savings account. "So ..." You might ask: "Except in the aspect of online banking, so what else Mango The differences are significant, which will be described below. The two main differences are: 1) the convenience of online banking and using a debit card instead of paper checks, and 2) with a high APY savings account, usually more than 5%, making it one of the best savings rates in the industry. First, apply for a debit card. The application is relatively simple because it does not debit your credit card, you can only spend the amount loaded on card.

Next is configured to automatically transfer MangoMoney repeated at least once a month. There are five dollars per month service fee, although the customer service charge will not charge you if you deposit at least $ 500 a month ago .There is no transfer or bank deposit. Read the service contract to find out about other charges for the alternative methods withdrawal.Once cash deposit or to create a personal account to pay the next step will be to open a savings account. Savings accounts can be opened only if they are enrolled in Direct Deposit is repeated. You should also your prepaid card in good condition, in other words, not on the projects and the balance left after the money in the savings account.

It is actually possible to create a savings account only You may be asked to provide more personal information than that required to open an account debit card. Make sure the information is true and valid. If Mango requested additional information, it must be established before the opening account.The APY or annual percentage for savings, Mango has a strong 5.1% on balances up to $ 5,000 is a big part of the promotional price, which is not earned by anything more than 5000 dollars . If you do not receive the promotional rate, interest rates remain at 3%, well above the national average savings account. You should know that you will not earn interest on balances over $ 5000.

How it is possible that Mango can consistently offer better prices than most bank savings accounts do? Mango took the risk and the high road complete customer satisfaction. They want card holders to use their Mango Master Card are more often than other cards, and put work into them. They are also not participating in the risk of most of the banks that make loans loans.Money can add a savings account using electronic data or applications on your mobile phone YAP. MangoMoney allows you to register and YAP YAP download an application and register your bank account, so it is literally at your fingertips.

YAP will guide you through the process. All traffic, deposit and withdrawal procedures is available on the Internet. Simply log mangomoney.com and follow the procedures laid down in an intuitive website.If were not eligible for credit, prepaid debit cards Mango is a great way to get comfortable purchasing power. If you have a 5.1% high interest savings account, is also a good way to start the path to financial stability.

For those with more than 5,000 dollars in security, you might want to consider a money market account. You will have as easy access to their money and earn more interest. Any savings plan, you should read the fine print and compare it to other Mango stock savings plans. If you are a student or just starting out, maybe it's just what you need.

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