Is there a website where i can view the best online savings account interest rates to date? I want to open one to start saving some money, but i want a really good rate. Thanks!
2007-10-21 14:57:38 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
The rate for online direct savings accounts ranges between 4 and 5%. Unless you're investing a ton of money choosing which bank to use should boil down to service and convenience rather than a few tenths of a percentage point on your annual yield or APR.
The major players are ING Direct, Emigrant, HSBC, and WAMU. ING and Emigrant have the advantage in that most of their business is online so they don't have the overhead of the "bricks and mortar" banks (actual banks and employees therein).
I researched this extensively and chose ING Direct. They have the best overall reviews and customer satisfaction. They are currently paying 4.3% APR. Also, their "Electric Orange" checking account has won top honors in reviews such as Kiplinger's finance.
These online direct savings accounts are a great place to park your money compared to traditional savings accounts that yield less than 1%.
Good luck saving!
2007-10-21 15:50:55 · answer #1 · answered by wisedrdave 2 · 0⤊ 0⤋
Best Online Savings Account Australia
2017-01-14 09:06:22 · answer #2 · answered by ? 4 · 0⤊ 0⤋
speaking from experience savings account wise. My favorite so far has been www.emigrantdirect.com I started off with ING (currently at 4.30% apy) but they not only have a lower rate savings account wise for other items but they don't allow you to add a beneficiary. HSBC (currently at 4.50% apy) is nice because you can have multiple accounts with them and they give you an ATM card if you would like one. But their rate is still lower then Emigrant (currently at 4.75% apy). And if I remember correctly when I checked out citi e-savings they required you to have a checking account with them but I don't know if that's still in affect. But yeah out of all the online savings accounts I've had Emigrant has been my favorite.
2007-10-21 15:13:47 · answer #3 · answered by Ovelia 2 · 0⤊ 0⤋
PAYPAL now pays 4.94 %. As recently as three weeks ago they were paying 5.21 % and it is perfectly safe. You sign up for PAYPAL and then also their Money Market Account. NO FEES to join, no fees to transfer to or from your checking account. Transfers take 2-3 business days to complete. You can also get an ATM card to draw on your account.
Go to https://www.Paypal.Com
and follow the instructions. I have been doing this for two years now.
2007-10-21 15:36:56 · answer #4 · answered by Mike 7 · 0⤊ 0⤋
where are you located? if you're in Australia, go with BankWest. Their online savings acct (Telenet) is at 7% for the first year, then revert to 6.5%.
2007-10-24 13:45:32 · answer #5 · answered by homeiyi 2 · 0⤊ 0⤋
Paypal has a great rate for regular deposits
2007-10-21 15:00:51 · answer #6 · answered by Anonymous · 0⤊ 0⤋
ING or Citi eSavings are over 4%
http://home.ingdirect.com/
https://web.da-us.citibank.com/cgi-bin/citifi/portal/ps/detail.do?BV_UseBVCookie=yes&BS_Id=BankingOverview
or check bankrate.com
>
2007-10-21 15:03:12 · answer #7 · answered by kate 7 · 0⤊ 0⤋