Top Ten Highest Rates on Bank Savings Accounts
October 01, 2008
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.
Anonymous
2 October 2008 at 1:25 pm
the list above is savings accounts not CDs
barry.brown2003@comcast.net
2 October 2008 at 3:13 am
the article fails to mention the top rate in the US today. WAMU still has 5% for 1 year on an online cd. You didn't do your homework