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Almost any bank account will pay you monthy. (The rate they quote you is usually a yearly rate, but they pay 1/12 of it every month.) You might what to check out the ING vs. Emmigrant Direct thread. Both of these banks pay interest monthly.
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34savings is correct. Almost all bank accounts will pay the interest on a monthly basis, but you aren't going to find a bank account that pays the same rate monthly as your do yearly (ie 3% monthly instead of 3% yearly)
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