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Top 5 High Yield Savings Accounts

Savings

Institution

Banks, Thrifts, Other

% APY

Annual Percentage Yield

$ Minimum to Open

Type

MBT Rating™

ING DIRECT exists to help you Save Your Money.

1

ING Direct

Orange Savings Account

3.00

$1

Savings
 
| rate |

E*TRADE Financial

2

E*TRADE Financial

High-Yield Savings

3.30

$1

Savings
 
| rate |

HSBC Bank USA

3

HSBC Bank USA

HSBC Online Savings Account

3.50

$1

Savings
 
| rate |

Chase

4

Chase

Chase Savings

0.15

$25

Savings
 
| rate |

EmigrantDirect

5

EmigrantDirect

AmericanDream SavingsAccount™

2.75

$0

Savings
 
| rate |

Top 5 interest checking

Checking

Institution

Banks, Thrifts, Other

% APY

Annual Percentage Yield

$ Required Balance

$ Monthly Charge

MBT Rating™

Washington Mutual

1

Washington Mutual

Platinum Checking

0.10

$1,000

$0

 
| rate |

Charles Schwab Bank

2

Charles Schwab Bank

Schwab Bank High Yield Checking

2.01

$0.01

$0

 
| rate |

E*TRADE Financial

3

E*TRADE Financial

Max-Rate Checking Account

3.01

$5,000

$0

 
| rate |

ING DIRECT exists to help you Save Your Money.

4

ING Direct

Electric Orange™

1.75

$1

$0

 
| rate |

Citibank

5

Citibank

Citigold®

$500

$0

 
| rate |
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About Savings

Compounding

The process by which a deposit or asset can, not only earn interest, but also build... read more

Money Market Account (MMA)

A type of savings deposit account intended for larger deposits, ... read more

About Checking

Compounding

The process by which a deposit or asset can, not only earn interest, but also build... read more

Checking Account

An account where deposited funds usually move in quick turnover. Checking accounts often offer very low interest rates on balances.

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