What Is The Best High Yield Savings Account To Put 10k Into?

I plan to put 10K into a high yield savings account for about 5 years and adding 1,200/year. Who has the best and most reliable rates?

This entry was posted in Q&A's and tagged , , , , . Bookmark the permalink. Both comments and trackbacks are currently closed.

4 Comments

  1. Greer A
    Posted May 6, 2009 at 7:27 am | Permalink

    I would suggest that you look at this site and see how online banks are rated.http://articles.moneycentral.msn.com/Ban
    We use:https://www.fnbodirect.com/01d/html/en/
    Good luck.

  2. ssmesq
    Posted May 6, 2009 at 7:27 am | Permalink

    Currently highest rate is at ETrade Bank. I have money there. But with interest rates about to take another cut, that can change. Also check out Indymac Bank, INGDirect, and Emigrantdirect… but all are less than ETrade right now.

  3. interest
    Posted May 6, 2009 at 7:27 am | Permalink

    the best rate I found is at my credit savings account but the ing orange savings account pays a good rate. Check out http://www.ineedrates.com

  4. real killers.
    Posted May 6, 2009 at 7:27 am | Permalink

    my friend uses charles schwab. i dunno if it has savings but i know he has a high yeild checking account. they are very good to him so you might wanna check em out.
    http://www.charlesschwab.com

  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.