Best High Yield Interest Savings Accounts

Opening a bank account online has never been easier, quite literally. You can open a savings account online and fund it. From there all your information and ATM card will be sent to you, and you never have to leave your house! Opening a savings account online will only take you 5 or 10 minutes, depending how fast you are.

Some well known banks that have an online savings account are Ally Bank, HSBC, and ING. All of them have really good deals when it comes to bank accounts. None of them charge a fee, and they have really good deals when it comes to withdrawing your money from ATMs. I know that a lot of banks out there like US Bank will charge you a monthly fee if all you want is a savings account. Also, other banks do not have the best interest rate for their savings accounts. If you want to step it up a notch, you can also get an online checking account with ING that earns interest too. How many checking accounts give you an interest rate? I can only think of a  handful right now. You can link your online savings account to the online checking also. It makes things easier.

Either way you look at it, if you are going to open a savings account online or offline, ignore all the places that want to charge you a monthly fee. You should be getting a free savings account, and if you aren’t able to get one at a certain bank, you move on.