Save more money: get the highest interest rates

Save more money: get the highest interest rates -

It is not news that the online savings accounts offer interest rates higher than banks, brick and mortar traditional. This is because online banks are not the same branch maintenance expenses and employee and spending their savings to their customers through higher interest rates.

Currently, Everbank offers one of the highest interest rates that we saw. For the first 6 months, customers get an introduction 1.25% APY and 1.01% APY after the introductory period. The only drawback on the Everbank savings account is that you need to maintain a balance of $ 5,000 or you will be charged $ 8.95 monthly fee. Note that you need a minimum of $ 1,500 to open the account.

Read our full review of Everbank savings online for all the details.

If you are looking for an account that has no minimum balance requirements whatsoever CapitalOne360 (formerly ING Direct) is a flexible, easy to use the savings account online currently offers an APY .75% . Although less of Everbank, you will not have to worry about any kind of fee. Read all about CapitalOne360 here.