You are viewing online savings rates.

Featured Savings Rate

Advertisement

Online Savings & Money Market Account Rates

If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

August 22, 2014
Savings Account National Average Rate: 0.13% ?
Online Banks APY Vs. Nat'l Av. Min Bal
Synchrony Bank 0.95% 7.42x $0 +Learn More
Sponsor message: Synchrony Bank was formerly GE Capital Retail Bank. Member FDIC.
CIT Bank 0.95% 7.42x $25,000 +Learn More
Sponsor message: Great rates, low requirements, daily earnings. FDIC Insured.
GE Capital Bank 0.95% 7.42x $0 +Learn More
Competitive Rates. Member FDIC. Open Now!
Salem Five Direct 1.00% 7.81x $0
My Savings Direct 1.00% 7.81x $1
Incredible Bank 0.95% 7.42x $2,500
Barclays Bank Delaware 0.90% 7.03x $0
Sallie Mae Bank 0.90% 7.03x $0
Bank5 Connect 0.90% 7.03x $10
iGobanking.com 0.90% 7.03x $100,000
Ally Bank 0.87% 6.80x $0
Discover Bank 0.85% 6.64x $0
Colorado Federal Savings Bank 0.85% 6.64x $2,500
First Trade Union Bank 0.85% 6.64x $2,500
Mutual of Omaha Bank 0.85% 6.64x $5,000
American Express Bank, FSB 0.80% 6.25x $0
ableBanking 0.80% 6.25x $1,000
Amtrust Direct 0.80% 6.25x $5,000
Virtualbank 0.78% 6.09x $100,000
Capital One 360 0.75% 5.86x $0
FNBO Direct 0.75% 5.86x $1
Bank of Internet 0.75% 5.86x $100
Clear Sky Accounts 0.70% 5.47x $1
New Dominion Direct 0.70% 5.47x $50,000
Amboy Direct 0.65% 5.08x $3,000
OneWest Bank 0.65% 5.08x $100,000
EverBank 0.61% 4.77x $1,500
Savings Square 0.55% 4.30x $1
Zions Bank 0.50% 3.91x $2,500
CNB Bank Direct 0.41% 3.20x $1
AirBanking 0.40% 3.13x $1,000
E-Loan 0.40% 3.13x $100,000
Nationwide Bank 0.35% 2.73x $1
BAC Florida Bank 0.25% 1.95x $100
BAC Florida Bank 0.15% 1.17x $500
HSBC Advance 0.15% 1.17x $100,000

Highlighted Savings Rate

Comments


Rebecca, January 27, 2014


Amtrust or or Mybankingdirect or New York Community Bank or whatever it is = a truly awful institution that should not appear on this site, bankrate or anywhere.

Helpful? Yes:4 / No:2
Is this review helpful? Yes No

MARY HICKSON, December 21, 2013


WHAT'S THE DIFF...BETWEEN A TIP SAVINGS ACCOUNT AND A NON ONE ?

Helpful? Yes:0 / No:1
Is this review helpful? Yes No

Sol, November 07, 2013


@ Jason Goldberg

It depends where you log in from. The rate is only available in New England and New York so if you access the site from an IP out of that area, you will not see it. Also, make sure you sort by APY to make sure you haven't missed it.

Helpful? Yes:1 / No:1
Is this review helpful? Yes No

Jason Goldberg, November 07, 2013


I have come to this page a couple of times over the last few weeks and sometimes I see a bank listed here called EBSB Direct with the highest rate and sometimes I don't see it. Why is that?

Helpful? Yes:1 / No:2
Is this review helpful? Yes No

Leonard Harris, October 17, 2013


@Stephen Rice GE Capital Bank's service is excellent. Process very easy and CSR is very helpful if you need to call. I have also had very good experiences with Amex and Barclays. Not so good experiences with Sallie Mae or Discover. Can't comment on the rest, but you won't go wrong with GE Capital, Amex or Barclays.

Helpful? Yes:10 / No:2
Is this review helpful? Yes No

Stephen Rice, October 17, 2013


Has anyone opened an account with GE? Is it any good?

Helpful? Yes:1 / No:3
Is this review helpful? Yes No

Jeff R. Bryan, August 31, 2013


You can avoid the problem with Discover taking your interest by leaving a dollar there until you get your interest the next month and then closing the account after you have your interest. Can't you?

Helpful? Yes:1 / No:1
Is this review helpful? Yes No

John Doe, August 20, 2013


Smarty Pig is a great way to save online. I use them, and they give 1% interest.

Helpful? Yes:0 / No:3
Is this review helpful? Yes No

Aaron Schlesinger, August 20, 2013


I read somewhere (maybe here, not sure) that if you close a Discover account, they confiscate your accrued interest. Is that true? Service is horrid; need to move to one of the others listed here.

Helpful? Yes:2 / No:4
Is this review helpful? Yes No

Ari, August 20, 2013


@Jimbo H., They are two separate brands for the same product. Since NYCB is promoting the Amtrust brand, BestCashCow lists that one only in order to avoid any confusion (or accidental deposits over FDIC limits with NYCB through duplicate accounts).

Helpful? Yes:6 / No:0
Is this review helpful? Yes No

Add your Comments

 

About BestCashCow

BestCashCow is the most comprehensive bank rate site on the Internet. We scan rates from over 6,000 banks and 4,000 credit unions to find and display the best deals for those looking to earn and save more. You can learn more about the company here.

Financial products of all nature bear inherent risks and this website is not a financial advisory service. BestCashCow.com provides information related to rates on US-based savings accounts, CD (certificate of deposit) rates, money market accounts, money market funds, government bonds, other bonds and income producing securities, commodities, equity securities, mortgage rates, home equity rates and auto loans rates, free of charge to internet users for their independent use. No financial product of any sort is endorsed. BestCashCow.com does not have any agency relationship or any affiliation – other than an advertising relationship – with any financial institution mentioned on the website. Rate information is provided by third party sources and all information related to financial health of FDIC-registered banks and NCUA-registered credit unions is provided directly by those agencies. BestCashCow.com does not verify or guarantee the accuracy of this information and specifically disclaims responsibility for errors and omissions. Please seek personalized advice on the risks and applicability to your own circumstances of any financial product from a qualified professional. © BestCashCow.com, LLC, 2014.