Best online savings rates?

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Best online savings rates?

Postby jeffysdad » Thu Sep 08, 2011 11:53 am

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%.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

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Postby bisbicos » Thu Sep 08, 2011 5:09 pm

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
Credit Cards
American Express: Fidelity Rewards (2% cash back) 9.5k
Discover: Discover More (5% rotating categories) 12k
Mastercard: Chase Freedom (5% rotating categories) 4.6k
Visa: Citi Forward (5x pts on restaurants) 15.7k
Citi Dividend (5% rotating categories) 5.6
Capital One Journey (1.25% cash back) 1.25k
BofA AAA (5% on gas) 2.5k
PenFed Platinum Rewards (5% on gas 3% groceries) 7.5k

Future Cards
US Bank Cash +
Chase Ink

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Postby DavidNY » Thu Sep 08, 2011 6:13 pm

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

Checking Accounts | Savings Account Reviews and Advice by

BTW, ING Bank (USA) is now owned by Capital One.

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Postby zapper_89 » Thu Sep 08, 2011 7:53 pm

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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