online savings
Review of Online Saving Accounts
The following are online high-yield savings account APY rates offered by major online banks, from high to low.
Discover Online Savings: 1.85%
- rates are only valid if you deposit $500 or more
AmEx High Yield Savings Account: 1.85%
- no minimum balance requirement
Capital One Costco InterestPlus: 1.75%
- rates are only valid if you deposit $5,000 or more
- 10% quarterly bonus on interest earned
Ally Bank Online Saving Account: 1.7%
- no minimum balance requirement
Capital One Online Saving Account: 1.6%
- rates are only valid if you deposit $10,000 or more
Dollar Savings Account: 1.6%
- $1,000 minimum deposit
FNBO Direct Online Saving Account: 1.5%
- no minimum balance requirement
HSBC Online Savings Account: 1.35%
- no minimum balance requirement
Emigrant Direct: 1.3%
- $1,000 minimum deposit
ING Direct Online Savings Account: 1.3%
- no minimum balance requirement for Orange Savings Account
Capital One High Yield Money Market: 1.2%
- no minimum balance requirement
Citi Ultimate Money Account: 1.2%
- $100 minimum opening deposit
- Requires a checking account
Citi Ultimate Savings Account: 1.2%
- $100 minimum opening deposit
E*Trade Complete Savings Account: 0.5%
- no minimum balance requirement
(Rates updated on 10/26/2009)
Important Disclaimer: the credit cards information in this post were accurate as of the date of publishing, some or all of the card programs may be discontinued, their terms may be changed after wards.
