Consistently Top Paying Savings Accounts

by Andy Hough on August 8, 2011 · 2 comments

Over at The New York Times Bucks blog they recently published an article on banks with consistently generous savings account rates. The point of the article was to let readers now which banks consistently pay generous rates rather than those which have short-term promotions so you don’t have to keep moving your money around to find the highest rates. It has been my experience that even the banks that pay consistently will likely change but for now they are good choices. Three of the banks on their list are also companies that I have done business with and can recommend.

Discover Bank High Yield Savings Accounts currently pay 1.16% APY and have a low minimum investment requirement. Ally Bank currently pays 1.01% APY and has no minimum. ING DIRECT USA – High Yield Savings with the Orange Savings Account℠. currently pays 1.00% APY and you can also get a $25 ING DIRECT referral bonus.

Depending on how much you have to invest you might get an even better rate of return just from opening accounts for bonuses. The best accounts frequently change but you don’t need an aat to see which ones are best. Keep reading this blog to see more bank bonus opportunities.

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{ 2 comments }

1 syd August 9, 2011 at 11:02 am

Capital One has the highest and the best!

2 Andy Hough August 9, 2011 at 5:00 pm

Capital One has a $1000 minimum to get their rate which is the same as Discover Bank and Discover Bank has no minimum.

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