Credit Card Forum
  1. #1
    Centurion Member
    Join Date
    Apr 2009
    Location
    Texas
    Posts
    542

    Default Best online savings rates?

    I recently moved my online savings account from ING Direct to Discover Bank for a slight improvement in yield. I'm wondering what your experiences have been with other online banks; e.g., Emigrants, Ally, Amex, etc. I'm looking for something that I might not have heard of that would be an improvement on Discover Bank's yield, which is currently an annual 1.1%.
    CARDS (and why)
    FIA Card Services: Fidelity Amex (best cash back excepting 5% cards), Fidelity Visa (spare)
    Chase: Freedom (only for 5% reward categories, purchases under $10), Sapphire (not in use), Amazon Rewards (for Amazon purchases only)
    CapitalOne: No Hassle Rewards (no foreign transaction fee, my only MasterCard, not in use)
    Amex: Blue Cash Everyday (not in use)
    Discover: More (only for 5% reward categories)
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  2. #2
    Centurion Member
    Join Date
    Jul 2011
    Location
    Newton, MA
    Posts
    122

    Default

    I did some quick research and I really like the fact that discover offers the 1.1% APY to all amounts deposited. There is no tier system required for higher annual percentages
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  3. #3
    Centurion Member DavidNY's Avatar
    Join Date
    Jul 2011
    Location
    New York
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    302

    Default

    Here's a great site to find the best on-line account.

    Checking Accounts | Savings Account Reviews and Advice by Bankrate.com

    BTW, ING Bank (USA) is now owned by Capital One.
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  4. #4
    Platinum Member
    Join Date
    Aug 2011
    Location
    South Bend, IN
    Posts
    64

    Default

    I have found One United to have excellent rates. They may not be the highest since the recession, but they were the best prior.
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