Dollar Savings Direct is offering an incredibly high interest rate for online savings accounts at 3.75% APY. While this online savings account interest rate is not as high as current CD rates, it is definitely higher than most brick & mortar banks and comparable online banks. They do require a low $1,000 minimum deposit to open a new savings account. DollarSavingsDirect.com is a an online division of Emigrant Bank and is FDIC insured.
Other online bank account savings rates:
- fnbo direct – 3.50% APY
- hsbc – 3.25% APY
- ing direct 3.00% APY
- eloan – 3.01% APY
September 29th, 2008
1.35%
1.15%
1.11%