On Hustler Money Blog, the top online banks were listed. Seeing as though I get asked a great deal about this I thought I would share it:
- ING
savings is offering 3% APY with no fees. The account is FDIC insured, and the account can be easily set up. (If you want a $25 bonus, click on the ING Direct ad in the right column of the website. Then sign up through the link at the bottom of that page.)
- Washington Mutual gives you 3.30% APY and it’s a brick and mortar bank. I can visit my local branch and deposit, withdraw, etc. By signing up online, you will get free checking, free checks, free bill pay, one free overdraft, and no monthly fees.
- E*TRADE Bank is offering 3.01% APY and can be linked to a brokerage account. This is a good bank for those who do a lot of trading and want to keep their cash ready to invest and earn interest at the same time.
- EverBank offers 2.01% APY for Checking and 3.01% APY for Savings. Both accounts give you 4.01% APY for the first 3 months. They will also reimburse any ATM fees from other banks.
Advertisement
