I've been using Ally as
my online savings account since 2012 and tested out Ally Invest earlier this year.
There are no eligibility requirements to open a Discover
Online Savings account since they do not require an initial minimum deposit or any minimum balance.
Not exact matches
Since it normally takes 2 - 3 days for money to transfer from an
online savings account to a checking
account with a different bank, you won't be able to impulsively spend the money you worked so hard to save.
Since the bank doesn't offer any type of
online checking
account, it enables customers to link the Dollar Savings Account account to any checking account you use to make the first d
account, it enables customers to link the Dollar
Savings Account account to any checking account you use to make the first d
Account account to any checking account you use to make the first d
account to any checking
account you use to make the first d
account you use to make the first deposit.
Since the Capital One 360
Savings account is
online - only, your options for moving money in and out of the
account are naturally going to be a bit limited.
The kids
savings account is also a great choice
since it gives kids a separate
online login and the opportunity to check their balance.
Since the early withdrawal penalty (EWP) is only 60 days of interest, if you do an early withdrawal after 4 months, your effective annualized rate is about 0.87 %, which beats most high - yield
online savings accounts (current yield on Ally
online savings account is 0.84 %).
Since my ING
accounts are both
savings AND checking, the risk of me pulling it out of the ATM (or transfer
online) is still there.
Since the moment there was more than one high - yield
online savings account to choose from, people have been comparing these
accounts based on the interest rate.
Its Discover
Online Savings Account offered a 1.15 % APY at the time the ranking was conducted and has
since increased to 1.30 % APY as of Jan. 4, 2018.
Since they've opened the full
online savings account, they've gained in popularity and are now seen as a direct competitor to the Capital One 360's of the banking industry.