With everything in your day from business meetings to play dates for the kids, you’ve got enough on your plate. San Diego savings rates can help busy bees like yourself effectively manage your finances while building a savings plan for emergency situations and large expenses.

If you’ve been looking for a new bank to open an account or apply for a loan, you should also consider your neighborhood credit union. San Diego credit unions have some of the best interest rates to offer these days. If you’re interested in what a local credit union may have to offer you, check out the list of institutions below with the best rates today.

San Diego Banking Rates recently examined the savings account rates from San Diego-area banks and credit unions to find out whether they’ve been trending up or down. We reviewed San Diego savings rates over the past six months and found that they have actually decreased.

(Click on the image for a larger version)

Sales tax cuts of 1% will literally have you saving a penny for every dollar you spend, resulting in much elation for San Diego, CA residents. Additionally, annual vehicle license costs will also drop 43%. Taxes were part of an emergency increase passed by Sacramento in 2009 in response to a large budget deficit. It has since been allowed to expire.

Whether you’re opening a new bank account or applying for a loan, interest rates are likely at the top of your concerns. A high deposit account interest rate will allow your money to grow faster, while a low loan rate makes borrowing money less expensive in the long run. However, it’s not easy to find either of these. So what exactly causes San Diego interest rates to go up and down, and how can you use this to your advantage?

If you’re looking for a sure investment, a CD is the way to go. Unlike other investment strategies, such as the stock market and real estate, a CD is a safe place to sock your money away. Both could pay off big if you’re lucky, but you can also lose a lot of money. Before you purchase a CD, however, it’s best you know the  best interest rates in San Diego. That way, you’ll earn the greatest return on your investment.

Do you belong to a credit union? If not, you could be missing out on some of the best interest rates in San Diego. Credit unions are known to have the most competitive rates, the only problem is you have to be a member to take advantage of them.

There are several credit unions in San Diego, CA offering outstanding rates. If the interest rates below are better than what you’re presently earning, find out how to become a member of one of these institutions and enjoy the great rates current members do right now.

The not-oft spoken way banks make a bulk of their money is from overdraft fees. You keep your money in their vaults, but they still keep a hand in your pocket. It’s estimated that people in the U.S. will pay $38.5 billion in overdraft fees this year.

Most banks and credit unions make it possible for checking accounts to automatically draw from a savings account to avoid overdraft fees. San Diego Banking Rates suggests that when you’re opening an account with a bank, in addition to getting low San Diego interest rates, you ask about their overdraft fee system and any overdraft protection services they may have. Below are some very competitive San Diego bank rates.

Pacific Trust Bank is known for having some of the most competitive interest rates on accounts and loans–below are the current interest rate specials available at this San Diego bank today for deposit accounts.

There are dozens of reasons for a savings account. You’re either saving for that special something for that special someone, you’re planning on taking a trip and could use some extra funds, or just in case of an emergency, you may need a large amount of cash on hand.

For these reasons and many more, it is a good idea to open a savings account. Finding the right bank to open a savings account is an important decision, and should be based current San Diego interest rates.