Naturally, the bank that can provide you the best rate of interest will be the best saving account bank for you. But there are some other considerations to make here. Here we list the four important points you have to look at when you are scouting for banks that can provide best saving accounts. (i) The first thing you have to look at is naturally the rate of interest. Of course if you are consolidating bills from credit cards you will probably find that the lower interest rate will make a huge saving in both the monthly repayment and the overall cost of the loan. Just don't make assumption though. Check it out carefully. It's your cash that we are talking about here and no one will take care of it better than you. If you need quick access to your cash you are always going to be at risk of needing to withdraw at the same time as a price crash. That being the case only risk money that you can afford to leave invested. Assuming that you feel comfortable with your risk level and the length of time you will need to tie up your money for you can begin to choose how to get started with your investing in the stock market. It all boils down to getting the highest CD rate possible. One of the things that can help you is to check out which of the CDs gives you the highest rate using online research. All the CD providing organizations have websites with complete details on how their services work. These financial institutions are very clear on imparting knowledge about their CD products so that they can attract more customers. Consolidation loans are usually far cheaper rates of interest and really can work out to be quite a significant saving. And it's not just the monthly savings that are appealing. The overall cost can be very substantial too. Of course you need to check the figures for yourself don't go making assumptions as everyone is different. If you feel the difference will be worth it for you then start shopping around for the best interest rate and term you can find. It's important that you don't jump in and take the first offer. While it's not the buyers market it was there is still some competition out there and you need to exploit it to your advantage.