Saturday, July 4, 2009

The best online savings banks


If you're tired of the 0.10% that your bank gives you for your hard-earned money, it's about time to look for another savings bank. There are actually a handful of online savings bank that give as high as 2.00% APY. Saving is not enough - saving right is more important. Take a look at these online savings bank and choose the one that suits your needs and financial goals.


1. Ally Bank (formerly GMAC Online Savings) - 2.00% APY

2. Dollar Savings Direct - 2.00% APY

3. WT Direct - 1.76% APY

4. Emigrant Direct - 1.55% APY

5. HSBC Direct - 1.55% APY

6. FNBO Direct - 1.50% APY

7. Venture Bank Direct - 1.43% APY

8. ING Direct - 1.40% APY

9. E-Trade Savings - 0.95% APY


To compare high yield rates for savings account, visit bankrate.com.

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