Right now i have bank of america as my primary checking as there are BofA atms and branches everywhere in massachusetts. I'm looking for a good online savings account because BofA pays ****** interest on all of their accounts. I was looking at capitalone and INGdirect, any other ideas? Which would you choose?
Best internet savings account?
- Thread starter ones3k
- Start date
I use ING. Typically they're a bit late in raising their rates, but the interface is so easy to use, and it is widely known and respected.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
Originally posted by: Engineer
Centennial Bank Variable Rate Passbook Savings
5.01%
$50,000+ (4.75% for $25,000 - 49,999.99, 4.49% $10,000 - 24,999)
Resource Bank eMoney Market Account
5.01%
$100,000+ (4.40% for $10,000 - $99,999.99)
Superior Savings Incredible Money Market
5.00%
$100,000+
Advanta Bank Corp Money Market Account
4.90%
$100,000+ (4.85% for $50,000 - $99,999, 4.80% for $10,000 - $49,999, 4.75% for $1,000 - $9,999)
$2500 to open, $100 to avoid fees.
Union Federal Bank Direct Jumbo Money Market Account
4.88%
$50,000+
Stearns Bank Stearns Money Market "Above the Norm" Account
4.87%
$100,000+ (can safely deposit $400,000 in their four FDIC member banks)
Presidential Bank Premier Savings
4.87%
$5000 to $35,000
MBNA Money Market Deposit Account thru Motlely Fool
MBNA Money Market Deposit Account thru AAA
4.85%
$50,000+ (4.59% for $10,000 - $49,999)
Countrywide Bank SavingsLink
4.85%
$100,000 - $2,499,999 (4.50% for $50,000 - $99,999)
Corus Bank
4.84% Managed Money Market Account
$0.01+ ($100 to open, $10,000+ to avoid fees)
4.84% Ultimate Money Market Account
$0.01+ ($100 to open, $10,000+ to avoid fees)
Ultimate Interest Checking
4.84% $100,000+
Park National Bank Advantage Money Market
4.84%
$10,000+ to avoid fees
IndyMac Internet Top Tier Money Market
4.80%
$75,000+
1) Amboy Direct Premium Online Savings (ACH)
4.75%
$1+
GMAC Bank Insured Savings/Money Market
4.75%
$500+
Umbrella Bank Pot o' Gold
4.75%
$1,000+
KeyDirect Premier Money Market Savings Account
4.75%
$0 - $249,999 ($25,000+ to open and avoid fees. 4.76% for $250,000+)
ebank
4.75% ePremier Money Market (4.25% for $50,000.00 - $99,999.99)
$100,000+
Citibank e-Savings
4.75% (requires Checking Account)
no minimum balance
Heritage Bank Heritage Direct Savings
4.72%
$1,000+
Capital One/Costco Money Market
4.72%
minimum deposit of $5,000. Rate good for $100+
American Partners Bank Personal Money Market Savings
4.71%
$1,000+
Zions Bank Internet Money Market
4.71%
$1,000+
National Bank Of Kansas City Money Market
4.67%
$100,000 - $249,999 (4.50% for $50,000 - $99,999, 4.75% for $250,000 - $499,999, 5.00% for $500,000 and up)
5) Emigrant Bank (ACH)
4.65% American Dream Savings Account
No minimum balance.
2) HSBC Bank OnlineSavings Account (ACH)
4.65%
$1+
3) Western Financial Bank ONLINE MONEY MARKET PLUS
4.60%
$1+
Virtual Bank eMoney Market (ACH)
4.60%
$0+ ($100 to open)
State Bank of India
4.59% Money Market Deposit Account
$100,000+ (4.64% for $250,000+, 4.54% for $25,000 - $100,000, 4.49% for less than $25,000 ($2,500 to avoid fees))
4) Capital One High Yield Money Market and Money Market
4.55%
$0+
MyBankingDirect.com
4.55% Earn>More Money Market Account
$5,000+
Amboy Direct Money Market Maximizer
4.55%
$10,000+
6) OneUnited Bank UNITY Internet Savings Account
4.50%
$10+
7) Transportation Alliance Bank Premium Savings Account
4.50%
$25+
Courtsey: Cheap from F@twallet Finance Forums!
http://www.emoneycentral.com/cgi-bin/display.cgi?db=db9&start=1
Highest Yielding Money Market / Savings Accounts
http://www.fordcredit.com/interestadvantage/index.jhtml
Ford Interest Advantage
Some interesting links.
Highest Yielding Money Market / Savings Accounts
http://www.fordcredit.com/interestadvantage/index.jhtml
Ford Interest Advantage
Some interesting links.
Those top 6 require a big deposit. If you have that much you can get those rates at a local bank with a little asking and bartering.
Very interesting. I'm thinking about switching my ING savings account over to HSBC. Anyone have any experience with HSBC online savings account? ING did raise my 4.1% interest to 4.25% but HSBC is 4.65%. ING is quick and is very easy to navigate. Excellent website. Have no idea about HSBC. So is it a good idea to switch from ING to HSBC?
Svnla
Lifer
- Nov 10, 2003
- 17,986
- 1,388
- 126
I have Citibank and HSBC for savings (4.75 and 4.65). I have no problem with either one in term of open new accounts.
I also have World Saving CD for 5.15/5 months term.
I heard good things about ING but 4.25 is too low for me. Half percent rate for ease of use/good interface? I will pass for those banks that are FDIC insured and higher APY rates.
I will cash in my CD from the local bank <last one from brick and mortar bank> and put it in Presidential bank <4.87> by end of this month.
I also have World Saving CD for 5.15/5 months term.
I heard good things about ING but 4.25 is too low for me. Half percent rate for ease of use/good interface? I will pass for those banks that are FDIC insured and higher APY rates.
I will cash in my CD from the local bank <last one from brick and mortar bank> and put it in Presidential bank <4.87> by end of this month.
The problem that I'm finding with all these rates is that they're always changing and it would be a pain to move money around so often. I'd love to cash in on that 5.01% but who knows if it'll stay competative and then I'd have to move my cash again. I'm getting over 4.8% so I guess I'm ok for now.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
By the way, CD rates are also very solid (as high as 5.45% for a 12 month CD) as are T-bill rates (especially if you have a high state income tax). T-bills are running around 5.07% which translates to a taxable eqivalent of 5.53% for me (6% income tax in KY). Not a bad rate for a 6 month guaranteed money vehicle.
capital one's web interface is horrible and requires you to click on unrelated options to reach your basic single-transfer options. but once you figure it out, it does work properly, and they offer a good rate and are a known name.
ING is pretty good. Here in Canada it only pays 3.15% though. Does anybody know of any other online Canadian banks that pay higher?
Does anybody know of any other online Canadian banks that pay higher?TRENDING THREADS
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