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. One of the very first things to cover is the need for every investor to work out for him or herself a level of risk that they feel comfortable with. For some they will only sleep well if they are almost risk free while others are equally comfortable with some of the riskiest options known to man. Just remember that there is no right or wrong there is only right for the individual concerned. " is one of the most common questions that new investors ask. They know having investments for a better future is a good idea but what they really want answered is "how do I start?". Investing like anything else is a skill which has to be learned and the good news is that there are plenty of opportunities to learn it. But I'll wager that a credit counselling service can do the job better. And what I mean by better is that they will get you a lower repayment schedule. Why? Simply because they have more clout and credibility than you would have as an individual. The main thing is to choose carefully when you're seeking out a consolidation service to act on your behalf. We need to know which types of investment they are considering when they ask "what is the first step to investing?" Many newcomers to the world of investments think only of stocks and shares but there are of course many more options out there. Some of which are possibly far better for beginners. Check around and see how they have done for other people if you can. Make some calls to your state consumer affairs bureau and also the Better Business Bureau to see if there have been any problems in the past. Don't lose sight of the fact that if you make a mistake in choosing your debt consolidation service it could cost you heavily over time.