I signed up for the Washington Mutual 5.00% savings account awhile back and have been making a decent chunk of interest of that account each month, but it has been brought to my attention that there are other options out there. Here are 3 of the top yielding savings/money market accounts available online today:
- Countrywide Bank – 5.40% savings account – Perks: Money market like rates for balances over $50,000 (5.25% for balances over $10,000)
- ETrade – 5.05% savings account – Perks: $1 minimum to open, link to multiple accounts (including outside accounts)
- Washington Mutual – 5% savings account – Perks: Free checks for life, free ATM withdrawls (from any ATM)
All percentages are expressed in APY (not interest rate) – note that the actual interest rate is typically slightly below the APY.