The best online savings accounts are available at online banks like Discover Bank.
Trusting the right bank can make all the difference, and our picks for
the best online savings accounts really are worth it.
Wise Bread experts pick
the best online savings accounts based on APY, fees, features, and the bank's reputation for customer service.
Which banks offer
the best online savings accounts?
More specifically,
the best online savings accounts for 2018.
The best online savings accounts pay a good interest rate, are fully secured, and allow for flexibility.
For that, you'll need to instead turn to our recent rankings of
the best online savings accounts.
While we consider Ally Bank to be one of
the best online savings accounts, other online savings accounts have higher APYs as high as 1.60 % APY with no minimums and monthly fees.
This is the easy part... Simply deposit the proceeds of your balance transfer into a high - yield savings account (click through for a rundown of
the best online savings accounts).
The best online savings accounts deliver this experience through several key advantages.
Whether you're looking for high interest rates or an account to help organize your savings plan, here are our picks for
the best online savings accounts.
It offers a wide variety of account options, including one of
the best online savings accounts on this list.
Otherwise, you're simply better off with one of
the best online savings accounts that provide interest rates with no monthly fees.
Check out
the best online savings accounts for some options.
Dream Account: This is one of
the best online savings accounts that pays bonuses when you make smart savings choices.
Methodology: GOBankingRates.com identified
the best online savings accounts based on interest rates, monthly fees, customer service options, mobile banking and online banking offerings.
The best online savings accounts let you move money around with just a few taps on the keyboard in the comfort of your own home.
The best online savings accounts give you a safe place to keep your money while you're earning top rates.
Here's a closer look at
the best online savings accounts available now:
We compare some of
the best online savings accounts for college students here.
For example, our savings rate comparison tool lets you look at
the best online savings accounts side - by - side.
The best online savings accounts are compared later into this review.
Learn about the interest rate, fees, and features of the SFGI Direct Savings Account and compare it to
the best online savings accounts available nationwide.
The best online savings accounts currently offer an annual interest rate of at least 1.00 % APY so you can expect to earn $ 10 in annual interest for every $ 1,000 you deposit.
Below are some of
the best online savings accounts.
Trusting the right bank can make all the difference, and our picks for
the best online savings accounts really are worth it.
What's
the best online savings account according to Kiplinger's?
Here are some examples of
good online savings account features and rates, as of April 16, 2018:
For updated information, check out
the Best Online Savings Account Deals page or the Best Interest Checking Accounts post.
Used to be one of
the best online savings account, FNBO Direct still offers a competitive rate at 1.10 % APY for the savings account with no minimum balance requirement and no monthly fee.
With interest rates on savings accounts as low as they currently are, it pays to shop around for
the best online savings account.
What's
the best online savings account according to Kiplinger's?
The key to finding
the best online savings account is to look for rates close to 1 % APY — roughly 16 times the national average!
To see what other rates and offers are out there that fit your savings goals check out
our Best Online Savings Account Guide.
Highlight: FNBO Direct Online Savings Account, which was named
the Best Online Savings Account in 2008 Kiplinger, offers an attractive 0.85 % APY with no monthly fee and no minimum ($ 1 to earn interest).
Visit Magnify Money to check out
the best online savings account rates
SmartyPig is one of
the better online savings accounts: for one thing, they've always got one of the highest interest rates in the United States (currently 1.30 %).
- Savings account: While most
good online savings accounts have interest rates around 1 %, they have the advantages of liquidity and security.
You'll get a relatively high interest rate with this account, which is among
the best online savings account rates you'll find today.
When you're shopping around for the best bank accounts and want to select
the best online savings account, take all things into consideration when you choose.
Looking for
the best online savings account and savings account rates?
Not exact matches
Tip: If you need some help pinning down which
online savings account is
best, our
savings account finder tool can point you in the right direction.
If you don't have that much to deposit, or you don't need to write checks or use a debit card, Discover's
online savings account is an option that has no minimum deposit and a
better yield at 1.5 %.
(To see how Discover's
savings account compares, check out the
best high - yield
online savings accounts.)
If you opt for an
online bank or credit union, you're liable to find
savings accounts that offer
better rates and features than money market
accounts.
Let's say you open up a
savings account at one of the big banks and deposit $ 5,000, then fund an
online savings account with $ 5,000 as
well.
«The
best place for money you need in a moment's notice is an
online savings account,» says Greg McBride, chief financial analyst at Bankrate.
Considered on their own, Chase
savings accounts are no
better than
savings options at other large banks, and they are significantly weaker choices than
online - only
savings accounts.
And their
online savings account pays 1.50 percent and offers
better liquidity terms.
Online savings accounts offering a
better deal.