All the top online savings accounts offer much higher interest rates than traditional banks, such as Bank of America, whose regular savings account is currently 0.01% APY, for example.
Conversely, savings online Discover just bumped its rate at 0.87% APY, APY online savings of Ally Bank is currently 0.85% and Capital One 360 is even higher than traditional banks at 0.75% APY. All of these accounts have no monthly costs and do not require you to maintain a specific balance. If you can maintain a $ 5,000 balance, online savings rate Everbank is a gain of 1.10% for 6 months and 0.86% thereafter.
the secure online savings accounts
Even with these higher rates, however, people are still skeptical to register for an account online savings fearing for their safety. No need to fear that, here's all you need to know about secure online savings accounts such as those mentioned above:
- As with traditional banks, the money you keep in your savings account line is insured by the FDIC up to $ 250,000.
- These sites create a secure connection using SSL encryption, protecting your information being intercepted
.-. Online savings accounts Renowned have sophisticated websites with multiple firewalls and other security, the intrusion monitoring and detection of fraud alerts
- Some services even offer their customers a software anti- malware. For example, Ally Bank customers can sign an anti-malware software by the online bank's security center.
For more information on how to tell if a Web page is secure or not, take a look at this post by highlighting what to look for. Visit our online savings represent the opinion page for more information on rates, fees and how much money you can save.