At the present time there are no really high interest savings accounts, but you will probably do best with ING which conducts all its transactions on the internet rather than maintaining a "brick-and-mortar" branches.
There are several banks that offer high interest savings accounts. ING Direct has a good reputation for offering a high interest rate with excellent customer service. Ally National Bank and American Express also provide high interest rates on their savings accounts.
There are many interest rates offered by Military Bank Online on their savings accounts. The interest rates that Military Bank Online offers on their service accounts are as low as 3%.
Bank of America offers very high interest savings in NY.
Bank of America and Suntrust offer very similar interest rates on savings accounts. For up to date information on savings accounts check bankrate.com
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Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.
A savings bank is a bank that is dedicated to savings accounts. They don't have all the freedoms of a checking account, but pay higher interest rates.
The bank charged interest when it loaned that money to someone else. So in return, the banks pay their customers interest on the money they borrowed from their savings accounts.
The bank charged interest when it loaned that money to someone else. So in return, the banks pay their customers interest on the money they borrowed from their savings accounts.
Information about high interest savings accounts can be accessed on review websites, such as NerdWallet, and on bank websites, such as TD Bank and Bank of America.
On a personal savings account the interest rate is 0.79. The same goes for a business account. Other accounts may have different rates which are on their website.
There are a number of online bank that offers high interest savings accounts. These banks include Bank of America, Chase, US Bank, Ally Bank, CitiBank, and Wells Fargo.