Which savings account offers the best interest rates in kenya and what is a money market bank account and where can i get one?

@hunderwear what sacco gives 15% dividend? And sorry i put this topic on PROPERTY, it should be somewhere else i think.

My Sacco is Muranga Teachers Sacco and gives 12%.I believe there are saccos that give better dividends if you check around

Saccos operate a bank called FOSA which lends at very high rates compared to banks yet they find acceptance as the members feel they wil get gud dividends and the ease of applyn the loans.They also have investment projects like plots that they acquire very cheaply and sel to their members at double price or even more.and many more projects.15 ni kidogo ata

A sacco giving more than 7% dividend payout is God send or outright risky...how does it cover its overhead.

Anyway if its there the downside to Saccos is that when you want to pull out from the plan most of them require a 3 month prior notice.

I have realised small banks offer very attractive rates for their savings for instance I had an account with fidelity they were offering 3.5% for regular savings a/c call deposit was about 5% while fixed deposit was above 6% although negotiable...If you are loaded you can negotiate the rate of your saving with this small banks you will be surprised by the value they offer.