Best High Yield Interest Savings Accounts

One bank to stay away from when you are thinking of places to open your savings account is Bank of America. When comparing them to other banks like HSBC, they fall horribly short of resembling a good interest rate. Even their CDs don’t have a decent interest rate compared to savings accounts from other banks.

This is why you always need to look around before you make a decision on sticking your savings into an account. There are a lot better deals to be had if you just do your homework before you make a decision. As of now, I am going to stick with my opinion that HSBC, ING, and Ally banks offer good savings accounts. When I come across other banks that compete I will list them here.