Posted on May 30, 2010.
What is the best online bank that pays interest? I heard that online banks pay more interest on savings accounts and banks that are in the neighborhood, what is the best online bank that I can participate?
I heard that too, but this is not necessarily so (lyrics).
start www.bankrate.com. I used to identify the best place to buy a CD. Check local banks, too, savings and loans, and credit unions.
Currently, I think I have seen advertisements on television for an account where they will be $ 100 if you open it. Do not remember if savings or checking.
You want a bank with the highest rating, the highest annual percentage rate, whichever is lower opening, and no minimum balance to avoid fees. I closed my savings account where charges have been eating the rest.
http://www.bankrate.com/funnel/savings/s ... You can click on a category (minimum balance to open, for example) and rank them from top to bottom.
Some of these banks have local branches. Some are only online.
Ally seems to offer the best rates now.
http://www.ally.com/index.html?CP=ppc140 ...
I can think of three off hand
Emigrant Direct
https: / / www.emigrantdirect.com / EmigrantD ...
everbank
https: / / www.everbank.com/
Bank ing.direct
http://home.ingdirect.com/
I hope this helps
It depends on what type of account you want. Checking, savings, money market, CDs. Www.bankrate.com The website will tell you what you want to know.
