Top Ten Highest Rates on Bank Savings Accounts

There is a lot of interest in bank savings account now that the FDIC is pushing Congress for the authority to increase deposit limits from $100,000 to $250,000. Here are the top ten rates on a Bank Savings Account ranked by Annual Percentage Yield as posted on Money-Rates.com:

AmTrust Direct, 4.00% APY, $500 minimum

Washington Mutual Bank (JP Morgan Chase), 4.00% APY, $1 minimum

CNBBankDirect.com, 4.00% APY, $1 minimum

1st Constitution Direct, 4.00% APY, $10,000 minimum

SmartyPig, 3.90% APY, $25 minimum

GCF Bank, 3.80% APY $100 minimum

Provident Direct, 3.75% APY $1,000 minimum

Dollar Savings Direct, 3.75% APY, $1,000 minimum

BankUnited, 3.75% APY, $5,000 minimum

Venture Bank, 3.75% APY, $1 minimum

See complete list of highest bank savings rates.