High Yield Saving Accounts
Featured Savings Account: American Express Savings
Our featured savings account is currently American Express. Amex currently offers among the best rates available, was given a 5-Star safe and sound rating by BankRate.com.
If you’re currently searching for a place to put your emergency fund, American Express Savings should probably be near the top of your list. Click on the link below to check out their site for more details, and to go through their easy and short signup process!
American Express Savings Account – Click Here For More Details Or To Apply
Search the automatically updated rates table below. Just select the type of account you’re looking for, the amount of the deposit you’ll be making and hit “update result”.
Below are the the rates on some of the best high yield savings accounts currently available. If we’ve done a review of a particular bank, it will appear in the last column on the right. Good luck finding the right bank for you
| Bank (Rates updated 1/12/2012) | Interest Rate (APY) | Min. Deposit | Details | Review |
|---|---|---|---|---|
| SFGI Direct | 1.01% | $500 | No monthly service charges, FDIC insured, 24/7 online account access. | |
| WT Direct Savings Account | 1.01% | $10,000 | There is no minimum deposit required to open the account. For the first 60 days from the date the account is opened, regardless of the account balance, the account will earn the highest APY. After the first 60 days, if the balance drops below $10,000, the APY drops to 0.15% APY. | |
| Discover Bank Online Savings Account | 1.00% | $500 | $500 opening deposit plus no minimum balance. Set up automatic transfers from any checking or savings account. You can make up to six withdrawals per month. | Discover Bank Review |
| American Express Savings Account | 0.90% | $1 | No fees. No minimums. 24/7 account access by phone or web. They are FDIC insured. | American Express Bank Review |
| Ally Bank High Yield Savings | 0.84% | $0 | Open with $0, no minimum balance. No monthly fees. Daily compounded interest for maximum earnings. Six withdrawals or transfers per statement cycle. FDIC insured. Read my | Ally Bank Review |
| ING Orange Savings Account | 0.85% | $1 | No fees. No minimums. unlimited sub-accounts. Accounts linked to your existing checking. 24 hour online account access through ingdirect.com. | |
| Bank Of Internet | 0.80% | $100 | Open with $100, no fees or balance requirements, free online statements, ATM card available, FDIC insured. | |
| HSBC Advance Online Savings Account | 0.80% | $1 | No minimum balance requirement. No monthly fees. Low initial depost of $1. | |
| EverBank Yield Pledge Money Market Account | 0.76% | $1,500 | $1,500 initial-deposit requirement. No-fees for online banking with over $5000 balance. $8.95 monthly fee otherwise. You can make up to six withdrawals per month. | |
| Zions Bank Savings | 0.75% | $100 | Minimum balance of $1,000 to get the highest rate. They are FDIC insured and have over 125 brick and mortar branches. | Zions Bank Review |
| E*Trade’s Complete Savings Account | 0.15% | $1 | A $1 minimum deposit is required to open a new account. 6 withdrawal limit applies. No minimums. $15 per bank check request. |