Online Savings Accounts & Current Rates

[poundwise]

Updated 05/09/08


3.75% Provident Direct High Yield Online Savings
$1 to open | No min to earn interest | No fees


3.60% OneUnited Unity Gold E-Savings
$1K to open | $1K to earn stated interest | No fees


3.57% Century Bank Direct Money Market Account
$1K to open | No min to earn interest | No fees


3.49% OnBank Money Market Savings
$1 to open | $1 min to earn interest | No fees


3.41% Century Bank Direct High Interest Online Savings
$100 to open | No min to earn interest | No fees


3.40% Umbrella Bank Pot O'Gold Money Market
$1K to open | $1K min to earn stated interest | $1K to avoid fee of $10
Note: Balances less than $1,000 earn 0.60% and are subject to fee


3.30% ShoreBank High-Yield Savings
$1 to open | No min to earn interest | No fees


3.30% WaMu Online Savings
$1 to open | $1 to earn interest | No fees
Note: To earn this rate with this account you must open an online checking account in conjunction with the savings; otherwise, the online savings rate is a pitiful 0.25% APY


3.28% iGObanking iGOSavings
No min to open | No min to earn interest | No fees


3.25% M&T Bank e-Money Market
$1 to open | $1 to earn stated interest | No fees


3.25% AmTrust Direct e-Money Market
$1 to open | $1 to earn stated interest | No fees


3.25% FNBO Direct Online Savings
$1 to open | No min to earn interest | No fees


3.15% E*TRADE Complete Savings
$1 to open | No min to earn interest | No fees


3.05% Savings Square Square Savings Account
No min to open | No min to earn interest | No fees


3.05% Amboy Direct Premium Savings
$1 to open | No min to earn interest | No fees


3.05% HSBC Direct Online Savings
$1 to open | $1 to earn interest | No fees


3.01% UFB Direct Absolute Savings
$1 to open | $1 to earn interest | No fees


3.01% E-LOAN Online Savings
$5K to open | No min to earn interest | No fees
Note: Account may be closed if balance is less than $500 for 90 days


3.00% Capital One Direct High Yield Money Market
$1 to open | No min to earn interest | No fees


3.00% GMAC Bank Money Market Savings
$50 to open | $500 min to earn stated interest | $500 min to avoid $5.00-$7.50 fee


3.00% CountryWide SavingsLink
$1K to open | No min to earn interest | $1K to avoid fees
Note: APY 4.00% for balances greater than $10K


3.00% ING Direct Orange Savings
$1 to open | No min to earn interest | No fees
Note: $25 bonus available for new accounts link


3.00% KeyDirect Signature Money Market Savings
$50 to open | .01 to earn interest | No fees


3.00% UnivestDirect Anytime Online Savings
$1 to open | $1 min to earn interest | No fees


2.75% Apple Bank Grand Yield Direct
$2500 to open | $1 to earn interest | No fees


2.75% Emigrant Direct AmericanDream SavingsAccount
$1 to open | No min to earn interest | No fees
Note: SavingAdvice offers a sign-up bonus for new accounts link


2.75% BancoFortuna Fortuna Savings
$1 to open | No min to earn interest | No fees
Note: Spanish and English versions of the site are available; an online offering from Emigrant Bank


2.70% Ultima Bank Savings
$1K to open | $1K to earn stated interest | $1K min to avoid fee of $10


2.60% Presidential Bank Premier Savings
$5K to open | No min to earn interest | No fees



Disclaimer: This listing is not intended to serve as a comprehensive guide to all terms on each of the listed accounts. Banks may change offers/terms at any time. Neither the poster nor this site are liable for any error, or unreported changes, in value, terms, or other details as listed here. Read each offer, account details, and terms of service on the institution's web site carefully when considering a new account.

[sweeps]

Excellent! Suggestion: May want to add links for convenience.

[poundwise]

Good suggestion. Will do.

[Done! Links added.]

[Ima saver]

Thanks I needed that. I want to open a high interest account as soon as I sell my spec house. If you could put up links, I promise to write them all down and not keep asking for them. Thanks again, poundwise!!

[Ima saver]

Thanks so much for the links!!

[JoyJoy]

Yes Poundwise thanks for all the links and the information on each bank. That took a lot of compiling and you did it expertly and neatly too!

Definitely a keeper. Will help with going to the banks individually to see if rates have changed. Again great job!!!

[Ima saver]

It sure was a great job and we all really appreciate it. [Automated by GetSmile]

[Duchesse]

Citibank 5.00%

[Ima saver]

Is citibank paying 5%? Is there a link?

[poundwise]

Originally Posted by Duchesse

Citibank 5.00%

Thanks for bringing this omission to my attention. I've added it now.

I didn't keep them in mind because of the stipulation that you have to have a checking account with them in order to get the savings rate. And, the EZ Checking that they offer has account maint fees unless you have a balance of $1500 or meet some other qualifications. However, it seems that if you have the 'package' of both the EZ Checking and the e-Savings, then you do not have any fees to worry about.

[disneysteve]

Great list. Would you mind if I shared it at another discussion site?

[poundwise]

Originally Posted by disneysteve

Great list. Would you mind if I shared it at another discussion site?

I don't mind at all.

[Ima saver]

I wish more banks would let you use the phone or mail to open an account. I have no idea how to use a printer and mine has no paper or ink in it!

[Ima saver]

I thought I would bring this to the top again, I think it is important!

[Broken Arrow]

I was originally thinking GMAC, but HSBC is looking mighty enticing!

Great job on the list!

[sweeps]

Rumors are that Emigrant will be going up to 5% starting tomorrow (7/4). Source: Bank Deals.

[BTC]

Originally Posted by Ima saver

I wish more banks would let you use the phone or mail to open an account. I have no idea how to use a printer and mine has no paper or ink in it!

I know it's none of my business, but I'm curious how old you are. I'm going to be in Dalton, GA later this week. For a cold glass of lemonade, I would be happy to stop by and show you how to use your computer if you're anywhere in the vicinity. But, you'll have to buy the ink and paper. Unless you have a relatively new printer, you should probably expect a case of sticker shock when you purchase the ink. I hate to see anyone miss out on banking in the 21st century because they're afraid of their PC.

[Ima saver]

What a nice thing to do. My last job was in 1980 and we did not have a computer there. When I moved here, the only job I could get was a waitress job, so that is what I did for a living for a while. My husband has never used a computer either. He bought me one for christmas a year and a half ago and I know nothing about it. (I am over 60) But Dalton is too far away, I am up in the mountains in Blairsville, by the N.C. line. Thanks anyway!!

[poundwise]

I updated the yields today: Saturday, July 8, 2006

[Ima saver]

Thanks so much poundwise, it is really hard to keep track of!!