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EmigrantDirect bank which was once the interest rate leader, but had recently fallen behind to the competition has once again taken the lead offering 3.5% interest. ING had raised their interest rate to 3.15% a couple of days ago.
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While other banks such as Superior Savings Bank offer a 3.5% savings rate, they require a high minimum balance ($10,000 minimum deposit) UFB Direct Bank had been the leader for banks that only required a $1.00 deposit at 3.4%.
You can read more discussion about savings account interest rates in <A HREF="http://www.savingadvice.com/forums/showthread.php?t=5078">our forums</A>
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While other banks such as Superior Savings Bank offer a 3.5% savings rate, they require a high minimum balance ($10,000 minimum deposit) UFB Direct Bank had been the leader for banks that only required a $1.00 deposit at 3.4%.
You can read more discussion about savings account interest rates in <A HREF="http://www.savingadvice.com/forums/showthread.php?t=5078">our forums</A>