I'm about to open a new savings account!?

Question

I just apply for a bank of america savings account? I would like to get more information about what kind of savings account is good for me?
What is the best savings account bank out there? Regarding high interest rates, no fees, etc..


Thanks

Answer 1

The bank mentioned above is good. However there are banks with better rates out there. Check the following website to find the bank with the best rates and star ratings (all of which are FDIC insured):

http://www.bankrate.com/brm/rate/mmmf_hi...

I am just about to open up an account with Countrywide Bank ($10k). Good luck investing your money!

Answer 2

It depends on exactly what you're looking for, but me and most of the people I know my age have an ING account. They're online, they have basically ZERO fees or service charges. They also have a better rate than almost any brick and mortar (i.e. real world) bank out there.

I think because they don't have the overhead of other banks (paying for branches, etc), they save a TON of money and pass it along to their customers.

I love them!

Answer 3

I have ING as well. i am getting 4.5%, no fees EVER. it is a great deal, and they transfer from my regular checking account. also, they have a referal deal, if you send me your email address, i will send you a referral, and you get $25.00 witha $250.00 deposit.