Top Ten Highest Rates on Bank Savings Accounts

October 01, 2008

By MoneyRates Team | Money Rates Columnist

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.

Your responses to ‘Top Ten Highest Rates on Bank Savings Accounts’

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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

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