Here’s a list of savings and money market accounts offered by major U.S. banks. They are all ranked in terms of APY.
- Washington Mutual
Online Savings - 3.75% APY
*Free Online Banking (required)
* Free Electronic statements (required)
* Maintain a minimum balance of $300.00 each day of the monthly statement cycle to avoid the monthly service charge amount of $4.00.
* No monthly service charge when you open Online Savings account with WaMu Free Checking™ account online, or link a new Online Savings to an existing active WaMu checking account, as long as checking relationship maintained.
* Sign up for Overdraft Transfer Service and available funds will be transferred from your linked Online Savings account to your checking account to prevent overdrafts or other NSF transactions (e.g., bounced checks). Subject to transaction limits and funds availability. - Wachovia
High Performance Money Market - 3.75% APY
Discover the Benefits of High Performance Money Market
Variable interest compounded daily and credited monthly
Competitive tiered interest rates–the higher your balance, the more you could earn
No monthly service fee when you maintain a minimum balance of $2,500
Write up to three checks per statement cycle1 with no fee
Free Online Banking, including Online BillPay, Online Statements, Balance Alerts and Mobile Banking1,2
Manage your account at our financial centers, ATMs, by phone, or online1,3
Set up automatic transfers from your checking account each month or on payday
FDIC insured up to the maximum amount allowed
Account security and protection - FNBO Direct
Online Savings - 3.5% APY
It starts with an FNBO Direct Online Savings Account. You can get more out of your savings with no strings attached. With no monthly fees or minimum balance requirements and you can open an account with as little as a $1. To reach your savings goals faster, open an FNBO Direct Online Savings Account today! - Capital One
Online Savings - 3.5% APY
One of the best savings rates among the top national banks
No fees
Free online transfers to and from your existing accounts*
$10,000 minimum deposit required to get top APY - HSBC
Online Savings - 3.5% APY
No monthly fees.
No matter how much you use our ATMs or how many times you transfer your money, there are no fees. We mean it.
No minimum balance requirement.
It’s always up to you how much you keep in your account. - Umbrella Bank
Money Market - 3.4% APY
Initial Minimum Deposit : $1,000Tiered Interest Rate - Save More and Earn More!
Rates that keep pace with changing interest rate conditions
Convenient Check Writing Access4
ATM Card issued with every account on request1
Use ATMs located throughout the world
Interest Posting-Interest will be credited on the 10th of each month.
Online Statements - Check your balance or review your account activity 24 hours a day (up to 12 months of history)2
Download account history into Quicken® or Microsoft® Money
Interest Compounded Daily and Credited Monthly
Monthly Service Fee Waived with Minimum Daily Balance of $1,0003
Limited to 6 Non-ATM Transactions Per Month4 - Etrade Bank
Complete Savings- 3.3% APY
Account Features
No minimums or account fees
Yields more than six times the national average²
Easy access to your money with Quick Transfer to and from any institution
Secure electronic statements—now accessible indefinitely, for as long as you have your account
FDIC-insured up to $100,000
Minimum opening deposit
No minimum daily balance requirement
A $1.00 minimum opening deposit required Costs and Fees View all bank fees
$15 per each Bank check request Transactions Limitations
Withdrawal limits apply. Under Federal regulations related to these types of accounts, account holders are allowed up to six withdrawals or transfers (for example, using Quick Transfer) from their account in any calendar month. Inbound Quick Transfers are not subject to any limits. - OneUnited Bank
E-Savings- 3.26% APYOpen an account with $1000 minimum to earn 3.60% APY!
Question: Are there any fees? Answer: There are no monthly maintenance fees for our internet savings account. Our internet savings account is FREE! However, there are miscellaneous fees such as a fee if you deposit a check and it is returned unpaid. Please review the last page of our Online Truth In Savings Disclosures for a list of miscellaneous fees. Question: Do you charge a fee to transfer funds between OneUnited Bank and my other bank accounts? Answer: No Question: Is there a way to withdraw money via my ATM card without paying an ATM fee? Answer: Yes. You can withdraw funds from over 5,000 surcharge free ATMs. Simply look for the Money Pass or SUM decals…or visit our website (www.oneunited.com) under the About Us and Branch/ATM locations section.Question: Your disclosures say there is a Charge Per Debit fee? What is that?
Answer: For our internet savings account, we charge $1.00 for each withdrawal in excess of 3 per month. Our internet savings account is not a transaction account…we like to encourage savings.
Question: Your disclosures say there is an Excess Transaction Fee? What is that?
Answer: We charge $10.00 for each check, draft, debit card, or similar order payable to third parties in excess of 3 per month. We will not charge you $10.00 for withdrawals to yourself. Our internet savings account is not a transaction account…we like to encourage savings.
- Amboy Direct
Premium Savings - 3.05% APY
NO FEES or MINIMUMS.
EVERYDAY ACCESS without changing your current bank account.
CONFIDENCE in one of the country’s oldest and most established banks (1888) - E-Loan
Online Savings - 3.01% APY
The great rates you deserve
Absolutely no fees
FDIC insured
Industry’s strictest privacy policy Minimum Deposit Requirements
Savings Account: $5,000 - ING Direct
Orange Savings - 3.0% APY
High interest, no fees, no service charges, no kidding.
With an Orange Savings Account, you earn a variable 3.00% Annual Percentage Yield (effective 03/19/08) with a level of flexibility, freedom, and security you simply won’t find at other banks. And because your account is FDIC insured, your account is secure. No required minimum balances.
There is no minimum balance required to open your Orange Savings Account, and you don’t have to keep a specific balance in your account to qualify for a high interest rate. No matter how much you have on deposit, the rate is still 3.00% APY. No fees. No service charges. No penalties. No hidden costs.
ING DIRECT’s Orange Savings Account won’t burden you with fees or service charges. Period. So you earn high interest on your money. - Emigrant Direct
American Dream - 3.0% APY
There is never a minimum balance requirement with an American Dream Savings Account.
No matter what your account balance, your account will always earn our high interest rate.No hidden costs. No fees. No penalties. No service charges.
The American Dream Savings Account has no fees or service charges, and that’s the truth! You earn high interest on every single cent you deposit without having to worry about giving it back in fees. 24/7 access to your account, and no need to change banks.
An American Dream Savings Account gives you the freedom to access your account whenever you need it. When you open your account, Emigrant Direct automatically links up with your designated checking account allowing you the flexibility to make deposits or withdraw funds by transferring money online. - GMAC Bank
Money Market - 2.9%-3.0% APY
Access to your money 24/7
First order of checks is free
A VISA® Debit Card that can be used worldwide
We never charge you for using another bank’s ATM
No account fees if you maintain a $500 balance - UFB Direct
Absolute Savings - 2.85% APY
Earn high interest rates with a tiered savings account that has no monthly maintenance fee. All accounts come with an ATM card, and ATM fees are reimbursed according to our worldwide ATM Reimbursement Policy. Transfers to other accounts are easy, and can be made with a click of a button. These accounts are FDIC insured for up to $100,000 per customer. - Citibank
Ultimate Money - 2.65% APY
Waived monthly maintenance and per-check fees if opened online with EZ Checking2Additional perks
No minimum balance required
Free online statementsTo apply for an Ultimate Money Account, you must have or open an EZ Checking account or another eligible checking account.4To receive the top rate, all you need to do is make at least two online bill payments each calendar month from your linked checking account in a qualifying relationship package.1 - Countrywide Bank
Savingslink - 2.56%-3.5% APY
The minimum deposit to open an account is $1,000. Interest rates among the best in the nation
Safe and secure anytime access
Free bank to bank transfers
Schedule next business day or recurring transfers between your SavingsLinkTM account and your linked external accounts
Unlimited deposits
Conduct up to six withdrawals each month
Deposits are insured to the regulatory maximum by FDIC
Transfer money between your SavingsLink account and other Countrywide Bank accounts - Chase
Plus Savings - 1%-1.95% APY
Online Banking Benefits
* FREE Online Statements
* FREE E-mail Alerts Minimum to Open: $100Interest Rate
* Interest is compounded and credited monthly based on the daily collected balance.
* Interest rates are variable and determined daily at Chase’s discretion.1
* Account fees may reduce earnings.
* You receive relationship rates when your account is linked to an active Chase Premier Checking account or an active Chase Premier Platinum Checking account. Otherwise, non-relationship rates apply.Monthly Service Fee Waiver
# No monthly service fee when linked to Chase Premier Platinum Checking or Chase Premier Checking.
# $15,000 minimum daily balance in this account.
# Balances are also eligible to be used to waive service fees on qualifying checking accounts. - Bank of America
Regular Savings - 0.2% APY
No monthly service charge if you maintain a minimum $300 daily balance or make an automatic monthly transfer of $25 from your Bank of America checking account - Wells Fargo
Preferred Rate Savings - 0.1%-1.65% APY
Minimum opening deposit $10,000
Monthly service fee No monthly fee
Last Update: 8/18/08