Some advantages of high yield savings accounts include security, guarantee, development of good savings habits, and growth. The maintenance of such an account is usually performed online.
You can get a list of them here www.moneybluebook.com/the-best-online-high-yield-savings-accounts/
A local credit union would probably have the highest yields on savings accounts. Otherwise, Ally Bank, Sallie Mae Bank, and Capital One offer high yield savings accounts.
Banks may require a deposit of $1 to $100 to start a high yield savings account. At this time many banks are offering high yield savings accounts with fees and no minimum balance after the deposit.
Often times high yield savings accounts do not require a minimum balance. These accounts can also be set up in addition to an already existing checking account you may already have which makes it easy to transfer funds.
The yield for the Chase money market savings account is in line with the National average.You will find the highest rates with online accounts like www.DiscoverBank.com
You can get a list of them here www.moneybluebook.com/the-best-online-high-yield-savings-accounts/
High yield savings accounts can offer rates as high as 1.75% to 2%. If you are looking for high rates another good option is to get a Certificate of Deposit.
A local credit union would probably have the highest yields on savings accounts. Otherwise, Ally Bank, Sallie Mae Bank, and Capital One offer high yield savings accounts.
Banks may require a deposit of $1 to $100 to start a high yield savings account. At this time many banks are offering high yield savings accounts with fees and no minimum balance after the deposit.
Wells Fargo of Texas offers several types of business savings accounts. These include Business Market Rate Savings Accounts and Business High Yield Savings Accounts.
"The type of accounts the Rainier Pacific Bank offers are Savings accounts, Checking accounts, Investment accounts, online accounts, business saving accounts and high yield savings."
TD bank offers a great high yield savings account. With the economy beginning to recover the interest rates are only going to get better in the near future. There are several high yield savings accounts available at TD bank.
Often times high yield savings accounts do not require a minimum balance. These accounts can also be set up in addition to an already existing checking account you may already have which makes it easy to transfer funds.
The yield for the Chase money market savings account is in line with the National average.You will find the highest rates with online accounts like www.DiscoverBank.com
When looking for the high yield savings accounts you must consider the security of your account as well as the ease of access. Look for institutions with high credit ratings. If you are comfortable with the online world, you will get a higher yield from online accounts due lower costs, while if you need branch access you should open an account with a bricks and mortar institution.
The online site http://www.moolanomy.com/1333/how-to-find-best-high-yield-savings-interest-rate/ will provide you with a list of of top online banks that offers high yield savings account, high interest savings account, or high yield money market account. All of these accounts are FDIC insured up to $250,000. Your principal is protected and you’re guarantee a positive nominal return on investment.
The current savings accounts rates for National City Bank depend on how long you commit to the account. A 60 month saving account can yield as high as 1.8%.