Interest Rate Update For Online Savings Accounts

For those of you playing the online savings game to maximize interest while staying within FDIC limits, here is an interest rate update on a few of my favorite accounts:

1. Amex Savings – 1.85%.  This is one of my favorite accounts.  A great interest rate, easy to set up, nice site to navigate, from a well-known name.
2. Everbank – 1.77%.  This is a new account for me.  It was a bit time consuming to set up, but the site is quite professional and was easy to use once it was set up.
3. Ally Bank – 1.7%.  The old GMAC Bank has a fresh coat of paint.  Nice, very easy to use site, a good rate (check their CD rates too), and professional to deal with.
4. Capital One – 1.6%.  Join this through Costco’s site for the bonus and interest bonus.  A great site, easy to use, with a good Quicken download.
5. WT Bank – 1.51%.  Another new one for me.  It was a bit difficult to set up, but once done is a OK site to use and navigate.

Those are the top five, and if you need even more choices that offer slightly lower rates take a look at FNBO, Zion, HSBC, and Emigrant.  Set up your online transfers and move money for safety and return.