Highest Online Bank Rates for Savings And Money Market Accounts - August 11, 2022
Savings Account National Average Rate: 0.10% ?
To absolutely nobody’s surprise, the Federal Reserve has voted unanimously to raise the Fed Funds rate by 75 basis points today, setting a Fed Funds rate target of 2.25% to 2.50%. The move follows a similar 75 basis point increase six weeks ago and is the Fed’s fourth move since beginning the year at a 0-0.25% target. (...read more in the Recent Articles section below the rate table).
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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2.55% |
$1,000 |
Learn More | |
External transfers are limited to $30,000 per week. |
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Watervale Acres | Aug 10, 2022 I retired in 1995 after 20+ years as a small bank president. Everyone should maintain some amount of liquidity and I refer to my MMA @ CFG as my COVID A/C because I opened it in early March, 2020 after tr... Read More |
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2.28% |
$50 |
Learn More | |
Bank does not offer ACH processing. Customers need to initiate ACH from outside bank. |
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JulieB | Aug 3, 2022 No ACH processing, what is this the 1960's? No customer service team, just one person. |
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2.20% |
$1 |
Learn More | |
|
ABSO | Aug 2, 2022 I cannot speak to the other experiences listed here like, but I just spoke to the absolutely most helpful woman on the phone who set me up with online access right away after I failed to properly read the ... Read More |
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2.20% |
$100 |
Learn More | |
Rate requires download of bank app and recording of over 12,500 average daily steps (or 10,000 if over age of 65). Inbound transfers are limited to $2,500/day. |
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WJenson | May 8, 2022 If you have any device that is tracking your steps (phone, watch, fitbit) then I recommend this acct and this bank. Lots of fun and the competitions keep my husband and me motivated. Enjoying a rate which ... Read More |
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|
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2.15% |
$25 |
Learn More | |
|
SuVil | Aug 9, 2022 Worst bank to solve your issue. Works great when all works fine but if you have an issue to be resolved it can take up to weeks. Long time on the phone waiting for an available customer service representat... Read More |
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|
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2.15% |
$100 |
Learn More | |
|
JC | Aug 5, 2022 Apparently the transfer limits have been removed. No limits as far as I can tell. Service has been excellent for me so far. Read More |
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|
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2.15% |
$2,500 |
Learn More | |
|
Mr. Tom | Aug 10, 2022 They will not open a high yield savings account. No reason is given. This is what they say "Unfortunately, we cannot open your Ivy Bank account at this time. A review of the information submitted determi... Read More |
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|
|
2.10% |
$5,000 |
Learn More | |
Online transfers limited to $1,500 per day and $10,000 per month. |
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BillyO | Apr 30, 2022 I opened an account here last year. I have enjoyed getting a rate that is above Marcus, Ally or any of the better known names. What I have not enjoyed is having my mailbox flooded (and I mean flooded) with... Read More |
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|
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2.07% |
$2,500 |
Learn More | |
|
athierry | Jun 16, 2022 After going thru the process of opening an account, they revealed a $5000 limit on transfers. Should have been shown before, an untrustworthy omission. |
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|
|
2.05% |
$1 |
Learn More | |
|
JaySN | Dec 6, 2021 Works fine, but I wish interest were credited monthly and not quarterly. |
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|
|
2.02% |
$0 |
Learn More | |
|
Bruce | Aug 1, 2022 Very good rate (currently 2.02%), but doesn't offer joint accounts - so can't have my wife as co-owner to get $500k FDIC coverage. Bask suggested that I designate wife as beneficiary, but that doesn't incr... Read More |
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|
|
2.02% |
$1,000 |
Learn More | |
|
RRSantis | Jul 15, 2022 I received an email today that the transfer limits are now $100k per transfer, that transfers will take 3 days, and that the limit resets as soon as it settles after 3 days, and that thereafter it is $250k... |
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|
|
2.00% |
$0 |
Learn More | |
|
DMB | Jul 29, 2022 Been with Etrade-Morgan Stanley for decades. Always fantastic service & can move funds online in a second from savings to brokerage for trading. Very competitive on saving rates. Very happy customer in ... Read More |
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|
|
1.95% |
$1,000 |
Learn More | |
|
FredU | May 19, 2022 I was a long time customer. I took balances down below $200 in 2020 in order to buy a house during pandemic. I had always planned to deposit again in a rising rate environment. I logged back on today and ... Read More |
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|
|
1.92% |
$1 |
Learn More | |
|
Yat 1965 | Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner |
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|
|
1.90% |
$100 |
Learn More | |
|
RTN1949 | Jun 2, 2022 I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More |
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|
|
1.75% |
$5,000 |
Learn More | |
|
tw | Aug 4, 2022 Worse website of any online bank. Transactions are NOT identified except by amount. When several transactions like deposits or transfers are made they are only identified by monetary amounts with no names ... Read More |
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|
|
1.65% |
$0 |
Learn More | |
|
LenaL | May 2, 2022 Barclays is the worst. Transfer speeds even worse than Synchrony now. Service is worse than anything. Save yourself the trouble of getting sucked into rates that are sometimes competitive and choose anythi... |
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|
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1.65% |
$1 |
Learn More | |
|
jp76 | Jun 13, 2022 3 days for an ach is not market when most banks on this list do it instantly. even frigging rising bank. customer service is beyond dreadful. Read More |
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|
|
1.60% |
$0 |
Learn More | |
|
JC | Nov 5, 2021 I opened an interest checking account with Ally after reading all the glowing comments online. My first experience with Ally was anything but glowing. The customer rep tried to charge me $15 for a debit ca... Read More |
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|
|
1.51% |
$500 |
Learn More | |
|
Electra McCain | Dec 31, 2020 I’ve filed a complaint with the FDIC. This bank keeps rearranging my transactions, even if they’ve posted and are not pending. They also will deny a transaction and charge a non sufficient funds fee ... Read More |
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|
|
1.50% |
$0 |
Learn More | |
|
Rebecca01 | Aug 3, 2020 There is a lot to like about this account. American Express is a real organization and you are not playing with a bunch of amateurs like with a lot of these banks. However, they will be sure to lower the ... Read More |
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|
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1.50% |
$0 |
Learn More | |
|
Zman111 | Jun 26, 2022 ACH transfers are not allowed. Called and was told that I had to set up wire transfers (and pay fees) or I could come in to the bank and get a bank check. |
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|
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1.50% |
$0 |
Learn More | |
|
LeslieGray | Aug 5, 2022 Aweful customer service sending nasty and condescending emails when asked if they would match their own rates through this save better scam. I was told to get lost and I will. |
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|
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1.50% |
$0 |
Learn More | |
|
Pjamas | Sep 14, 2020 two thumbs up Read More |
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|
|
1.50% |
$1 |
Learn More | |
|
John WIlliamson | Aug 6, 2022 The idea that they aren't competing is wrong. They'll give you 1% more on your savings if you run around promoting their brand and get a friend to sign up. Great marketing scheme actually, since those so i... Read More |
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|
|
1.50% |
$2,500 |
Learn More | |
|
SandyB | Aug 25, 2020 Bank is owned by a Florida bank and yet I wasn't able to open an account because I live in Florida. Go figure! Read More |
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|
|
1.45% |
$1 |
Learn More | |
|
jp2 | Jul 1, 2022 not really an onllne bank. compare this interface that gives you no information with that of any other bank (I cannot even confirm the rate). cannot switch in and out of cds or np cds. just not an online b... Read More |
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|
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1.45% |
$5,000 |
Learn More | |
Rate available for new accounts only. |
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TulsaGirl01 | Apr 10, 2021 I opened an account a couple of years ago and had a dreadful experience. I saw two weeks ago that the rate was better than at Citizens so I closed that account for this one. I cannot access my money now or... Read More |
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|
|
1.40% |
$0 |
Learn More | |
|
Jay | May 10, 2021 Dollar Savings Direct is as close as anything gets to a scam without being labeled a scam. CDs renewing below market rates at no notice. Savings rates going above market levels and then way below (again no... Read More |
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|
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1.31% |
$100 |
Learn More | |
|
Jim Plew | Apr 22, 2015 Hello, I am interested in a line of credit against my home. I have a high interest credit card that I want to move to this credit. I have a wells fargo mortgage which is only a few years old which I do no... |
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|
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1.30% |
$0 |
Learn More | |
|
perry | Jun 23, 2022 ING was better. They were bought by CapitalOne and ever since, my rates have steadily dropped. Now that rates in general have been rising for months, mine has been flat at 0.30%. No sign of them going up, ... Read More |
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|
|
1.30% |
$1,000 |
Learn More | |
External outbound transfers are limited to $25,000 per day. |
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Dr Louie | May 19, 2022 I am singing the blues with Rising. I had opened about 8 months ago when they were a rate leader at 0.60%. Now they are at 0.65% and everyone is much higher and I cannot seems to get my cash out fast enou... Read More |
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|
|
1.25% |
$2,500 |
Learn More | |
|
LindaForever | Apr 30, 2022 Customer service is actually pretty helpful if you can ever reach anyone. |
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|
|
1.20% |
$1 |
Learn More | |
|
NRB | Mar 14, 2018 Poor service. Condescending attitude. Savings application denied without giving reason (Equifax file had a freeze because of hacking history) and not advising customer of need to unfreeze credit file for a... Read More |
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|
|
1.20% |
$5 |
Learn More | |
|
Tanker | Aug 10, 2022 While they offered good rates, I got nothing but the runaround on membership. Twice submitted required forms in which they said were not clear enough, but only after I called them to see what the holdup w... |
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|
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1.20% |
$5 |
Learn More | |
|
Bewulf | Oct 27, 2021 I joined this bank and went through the process of applying for a HELOC. Everything seemed to be going well with only the paperwork needing to be signed and when I contacted them about having a POA and the... |
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|
|
1.12% |
$25,000 |
Learn More | |
|
Yolanda Gilruth | Jun 12, 2022 I have a small question Read More |
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|
|
1.01% |
$100 |
Learn More | |
|
Yolanda Gilruth | Jun 12, 2022 I have a small question Read More |
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|
|
1.01% |
$5,000 |
Learn More | |
|
JC | Jun 1, 2021 Update: STAY AWAY FROM THIS BANK! They have no clue how to run an online bank. This bank is not ready for prime time. Nothing but problems. Customer service is dismal at best. |
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|
|
1.00% |
$0 |
Learn More | |
|
Cheryl | Jul 15, 2021 I finally closed my account. Was great back in the day as everbank but now it is a joke in every way. Read More |
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|
|
1.00% |
$1 |
Learn More | |
|
Emigrant is a game | Sep 17, 2020 It is a complete game between MySavings, DollarSavings and Emigrant. Some days one has a competitive rate, the next day the rate on that one has dropped to zero and it is one of the other brands that has... Read More |
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|
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1.00% |
$100 |
Learn More | |
New money only. |
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|
carscoupons@comcast.net | Sep 6, 2019 Went to bank yesterday this is not a good rate. Needs to be updated. Read More |
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|
|
0.85% |
$0 |
Learn More
|
|
|
|
0.82% |
$230,000 |
Learn More | |
|
WPT | Nov 2, 2020 Got the account opened after weeks and finally got it funded and then they dropped the rate the next day and it is no longer competitive. |
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|
|
0.75% |
$0 |
Learn More | |
|
sharzns | Jun 17, 2022 Midfirst doesn't seem to encourage any accounts other than checking. I have two. I've tried opening others, but they talk me out of it every single time. Read More |
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|
|
0.75% |
$0 |
Learn More | |
|
TRUMP LIES, WE DIE | Nov 12, 2020 Rate has remained competitive and they are easy to work with. |
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|
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0.70% |
$300,000 |
Learn More | |
|
nonsense | May 21, 2021 avoid this Read More |
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|
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0.50% |
$0 |
Learn More | |
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Jeffinnh | Mar 30, 2021 These guys are the best local bank. Very responsive. |
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|
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0.45% |
$0 |
Learn More | |
|
Stella | Apr 30, 2019 No issues. I feel confident using them. Read More |
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|
|
0.45% |
$1 |
Learn More
|
|
|
|
0.45% |
$1 |
Learn More | |
|
Jason | Jun 20, 2018 Their website says the offer is going away tomorrow at 9AM EST. Hurry! Read More |
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|
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0.45% |
$10 |
Learn More | |
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JohnC | Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... |
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|
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0.45% |
$1,000 |
Learn More
|
|
|
|
0.45% |
$30,000 |
Learn More
|
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|
|
0.45% |
$100,000 |
Learn More | |
|
Seth B Glover | Aug 10, 2019 I did not appreciate getting pulled into the 2.53% offer on $100k only to have the rate lowered by the time I finally got the money in. |
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0.45% |
$100,000 |
Learn More
|
|
|
|
0.40% |
$0 |
Learn More
|
|
|
|
0.40% |
$1 |
Learn More | |
Not available to residents of states with PNC branch locations. |
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GAM | Oct 25, 2020 Online Savings rate was dropped to 0.65% a week ago from 0.80% and BestCashCow still showing former rate. Read More |
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|
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0.40% |
$100 |
Learn More | |
|
BW | Jul 17, 2021 I've been with this bank for 6 months and have not had any problems. Bill pay works good. The 24 month investing CD is another vechile I use. Rates are above average considering the national rate. I'd reco... Read More |
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0.40% |
$10,000 |
Learn More | |
|
UtahJazz1 | Jun 10, 2022 This bank hasn't raised their rates! Maybe I was sleeping but I need to get out of here fast. Read More |
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Texas Dow Employees Credit Union Restrictions |
0.40% |
$100,000 |
Learn More | |
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tonaroof | Jan 24, 2020 This rate is not accurate as it is 2.25% |
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|
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0.37% |
$500 |
Learn More | |
Inbound transfers limited to $25,000/day and $100,000/month. |
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Jazzy in Georgia | Mar 25, 2021 Completely excessive number of customer service phone calls after setting up account. Well meaning, but over the top. |
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0.35% |
$5,000 |
Learn More | |
|
pagehelen2@gmail.com | Mar 10, 2021 Northpointe -- my most favorite bank -- held their rate when others dropped -- nice people to deal with -- and -- COURAGE + INTEGRITY. |
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0.30% |
$100,000 |
Learn More | |
|
GAM | Jul 28, 2020 Dropped rates again with restrictive transfer limits and poor service. Better rates and liquidity elsewhere. Beware!!! Read More |
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0.30% |
$200,000 |
Learn More
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|
|
0.25% |
$0 |
Learn More | |
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wertlkgt | Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More |
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0.25% |
$0 |
Learn More | |
|
Frank | Apr 8, 2019 Their online interface is circa 2004. They limit the number of accounts you can set up for ACH. And they sit on ACH transfers.... for days. Not sure if the good rates are worth it. Read More |
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0.25% |
$1,000 |
Learn More
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|
|
0.25% |
$1,000 |
Learn More | |
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dbestway@gmail.com | Aug 13, 2019 I filled out the application 10 days ago answering all questions and sent a file with a copy of my drivers license to Western Bank. I received an email saying that a banker would call me within one busines... |
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0.25% |
$250,001 |
Learn More | |
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James A. Elder | Mar 25, 2020 I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2.25% until June 30, 2020 and would be FDIC covered up to $250,000. Please verify if this is true???... |
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0.19% |
$2,500 |
Learn More | |
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Jay | Jan 4, 2020 Be aware, when cd comes due, they mail a check to your home which takes 7-10 business days. That is a long time to have money not drawing any interest. Read More |
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0.19% |
$100,000 |
Learn More | |
|
WPT | Nov 2, 2020 Got the account opened after weeks and finally got it funded and then they dropped the rate the next day and it is no longer competitive. |
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0.15% |
$100,000 |
Learn More
|
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|
|
0.13% |
$10,000 |
Learn More | |
Rate not available in all states. |
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Afeica | Aug 7, 2020 Had a car loan with them. Paid it off because I was selling the vehicle. They told me it would take 10 business days to clear the transaction (it was immediate via electronic) and was out of my account th... Read More |
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Texas Dow Employees Credit Union Restrictions |
0.10% |
$0 |
Learn More | |
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tonaroof | Jan 24, 2020 This rate is not accurate as it is 2.25% |
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0.10% |
$250 |
Learn More | |
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Dudley | Apr 18, 2018 Worst experience of my life. Did not fund and gave $25 to my own charity. Read More |
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0.08% |
$1 |
Learn More | |
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ruler009 | May 26, 2017 Before009 Read More |
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0.05% |
$0 |
Learn More | |
|
kenbeckyreese@icloud.com | Feb 12, 2020 WILL YOU CASH MY EE SAVINGS BONDS? PLEASE ADVSE. |
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0.05% |
$1 |
Learn More | |
Promotional rate for new depositors only. Prior depositors may receive a lower rate. |
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john | Apr 14, 2020 I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More |
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0.05% |
$100,000 |
Learn More
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|
|
0.01% |
$1 |
Learn More
|
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Best Online Savings Account Rates
- A competitive interest rate. BestCashCow maintains the most comprehensive list of deposit account rates. The rates above are the best available rates for online savings accounts. In order to ensure that your money continues to grow over time, you may wish to avoid banks which rely heavily on very short term promotional rates (such as EverBank). If you open an account with a promotional rate or even if you open an account where the rate isn’t promotional in nature, you should check back with BestCashCow regularly to be sure that your bank continues to offer one of the most competitive rates.
- Full functionality through online and mobile access. Most of the accounts listed above have robust websites and mobile access that enables full functionality. Read the comments from other users before opening an account as they often highlight problems with access.
- Assess how the bank provides customer service. Many of the leading online banks now have customer service representatives who are U.S. based and available 24/7 with low wait times. This is often a distinguishing feature that makes a well-recognized bank significantly more attractive than a smaller bank trying to enter the online banking arena.
- Absence of fees. Be sure that you are opening an online account with a bank that doesn’t charge fees and has very low minimum balance requirements. American Express, CIT, GS Bank, Barclays and Ally are all well known for low minimum requirements and the absence of any unusual monthly fees.
- Easy Access to your Cash through Immediate Online Transfers. The reason why you keep money in savings is for access in an emergency or to take advantage of immediate financial opportunities. You need access to your cash. Yet, some banks impose strict limits on the amount of cash that you can access from your account in a single transfer or limit the numbers of transfers you can conduct over a given time period. Other banks can delay your transfers for days while they make money on the float. You should check with the bank where you are considering opening an online account to understand the restrictions before you open an account. You may also read the comments from other users above as they can highlight which banks enable the best access to your cash.
- Stay within FDIC limits! See the section above and read this article.
- Use the BestCashCow Savings Calculator to see how important it is to be maximizing your interest on savings accounts over time.
Expert Reviews of Well-Known Online Banks, August 2022
Online Savings - 1.50% APY, $1 minimum
Great for: Competitive CD Rates with no transaction fees ever.
Overview: Marcus is the online bank of Goldman Sachs. Throughout 2018, it consistently offered one of the highest online savings rates, but it was quick to lower its savings and CD rates in 2019 and 2020. Marcus has a highly rated mobile app.
Highlights: Marcus is very highly rated in customer reviews on BestCashCow. Users cite the consistently high savings rates, lightening fast ACH transfers, the ease of web access, strong customer service and the absence of any fees ever.
What to watch for: No ATM access. No custodial accounts.
Online Savings – 1.75% APY, $5,000 minimum
Great For: High Savings and CD Rates with no transaction fees ever
Overview: In the online space, Citizens is a decade old player that was previously branded as Citizens Access. It brings the experience of Citizens Bank N.A., one the largest, oldest and most well established US banking institutions.
Highlights: Citizens never charges any monthly fees. Its user reviews on BestCashCow have been outstanding. It was ahead of the curve in increasing its savings rates in anticipation of each Federal funds rate increase in 2018, although it may not be as competitive as interest rates in 2022 and 2023. Citizens also allows online customers to set up online savings and CD accounts in the name of a personal trust (very rare among online banks).
What to watch for: All Citizens savings and CD products require a $5,000 minimum balance.
Online Savings Account – 1.60% APY, no minimum
Great For: Sometimes competitive savings rates and No Penalty CD rates with 24/7 Customer Service
Overview: Ally’s strong advertising campaigns and name recognition has made it one of the most recognized online banks. It savings rate is always competitive. The bank also offers competitive CD products (with modest early withdrawal penalties) and no penalty CDs (with no early withdrawal penalties).
Highlights: BestCashCow user reviews cite a strong mobile app and the ease of getting into and out of No Penalty CD products. Ally often offers new and existing users a 1% cash promotion for bringing new deposits, and regularly gives existing depositors a 5 basis point step up for renewing CDs and No Penalty CDs.
What to watch for: Ally is the former GMAC Bank, having been spun out following the 2009 financial crisis, and may continue to have significant exposure to used automobile loans. Depositors should therefore be especially cautious as we roll through the COVID-19 pandemic and should always maintain their deposit balances within FDIC limits. In addition, some customers complain about waiting hours to reach customer service by phone at all hours. Others have expressed frustration about being inundated by Ally's nonstop cross-selling of auto loan, personal loan, credit card and online trading products.
Savings Connect – 1.90% APY, $100 Minimum
Great For: Competitive savings rates, great customer service
Overview: CIT Bank is a nationwide direct bank and is a division of CIT Bank, N.A., a large financial institution focused on equipment leasing that required a financial bail out from the federal government in 2009 and was recently acquired by First Citizens Bank. Cit was an early entrant into the online banking space, and offered competitive savings and CD products to US customers through the internet for many years. Until 2020, it matched the savings and money market rates of other well known online banks, although it has recently become less competitive.
Highlights: User reviews left on BestCashCow’s savings table are consistently strong with users highlighting strong and responsive customer service by phone when necessary.
What to watch for: CIT's website lacks some of the functionality that you will find on other leading online banking interfaces and seems more like 2011 than 2022. For example, it isn't possible to designate whether you want a CD to renew or to be transferred to another account until after the CD has matured. Additionally, some have reported experiencing significant delays with both inbound and outbound transfers (during which time CIT makes the interest and not you). Also, CIT also owns OneWest Bank and those with accounts at both banks should add their deposits together to be sure they do not exceed FDIC coverage.
High Yield Savings – 1.65% APY, no minimum
Great For: Stronger CD rates than many other well-known online banks.
Overview: Synchrony Bank is the former GE Capital Retail Bank that has been spun off completely into its own institution. Even though Synchrony is an entirely independent entity now and should not have exposure to GE's troubles, there may still be hidden exposure and depositors should remain well within FDIC insurance limits.
Highlights: Online savings accounts can be opened for IRAs and trust accounts (which is ordinarily not possible at leading online banks). Upon setting up an account, you may also add up to 10 beneficiaries. Your account may be linked with up to 10 external accounts at other banks and transfer limits are quite high (up to $500,000 inbound daily and $250,000 outbound daily). Synchrony offers ATM access and will reimburse up to $5 per statement cycle in other banks' ATM fees.
What to watch for: User reviews cite the inability to reach US-based customer service reps by phone, and note that the system does not have chat or internal email functionality. The banks is also widely associated with long delays (up to 6 days) in processing inbound and outbound cash transfers. The bank also charges a $25 outbound wire transfer fee.
Savings Account - 1.65% APY, no minimum
Good for: Solid APY with No Minimum Balance
Overview: Barclays Bank Delaware is a division of the often-troubled UK-based Barclays PLC. In the US, its brand recognition emanates from its acquisition of Lehman Brothers, its name on an arena in Brooklyn, its former CEO's deep ties to Jeffrey Epstein, and its role as one of the credit card issuers for American Airlines. The US subsidiary does not have a branch network and the absence of those costs sometimes enables it to pass along competitive savings and CD rates to its customers.
Highlights: Barclays offers savings accounts with no minimum to open, 24/7 access to funds, online transfers to and from other banks, direct deposit and a mobile app.
What to watch for: Barclays Bank Delaware was not consistently competitive in raising its savings rates as the Federal Reserve increased rates in the late 2010s, but it aggressively cut its savings rate in 2019 and 2020. While it used to be a very strongly reviewed bank by BestCashCow’s users, more recent reviews cite slower ACH transfers than some competitors. With continued uncertainty around Brexit, BestCashCow strongly recommends that depositors at this U.S. subsidiary maintain deposits strictly within FDIC limits.
Why You Can Trust BestCashCow
Every year, Americans collectively lose at least $80 billion in income just by putting their savings in the wrong bank accounts. BestCashCow is the most comprehensive and unbiased bank rate site on the Internet and our mission is to help you to avoid your share of these losses. We monitor over 30,000 rates from over 8,000 FDIC-insured banks and 7,700 NCUA-insured credit unions. Take a few minutes to explore the table above to see the best savings rates currently offered by online banks, or use the tabs to explore local bank rates or local credit union rates if your prefer to do your banking locally.
By using BestCashCow to move your money to a new bank from one with a low savings rate you may be able to boost your annual interest earned from savings by more than 10X. Banks are always competing for your money. Take advantage of it!
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