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Best banks for investing
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What I've signed up for in getting the Amex Platinum card is essentially a "high-end coupon book," says Michael Miller, an analyst at Morningstar Research, and it's up to me to figure out how to use those coupons. "You kind of have to reshape your spending patterns around Amex's merchant partners," he says. FDIC-insured accounts are covered up to $250,000 per depositor, for each ownership category, in the event of a bank failure. Before opening a bank account, confirm that the financial institution is FDIC insured. Look for the National Credit Union Administration ( NCUA ) to insure nationally chartered, and many state-chartered, credit unions for similar amounts. Options market data shows bullish calls dominating for "best banks for investing", with implied volatility trending lower since April