In today’s world, saving money is more important than ever. But with so many online savings accounts to choose from, finding the right one can be a daunting task. That’s why we’ve put together a list of the top 10 online savings accounts, based on their ease of use and high interest rates. Whether you’re a seasoned saver or just starting out, one of these accounts is sure to meet your needs.
1. Ally Online Savings Account
Ally offers a consistently high interest rate with no monthly maintenance fees and no minimum balance requirement. Customers can easily access their account online or through the mobile app. Plus, Ally provides excellent customer service, making it a top choice for many savers.
2. Marcus by Goldman Sachs Online Savings Account
Marcus by Goldman Sachs provides a competitive APY with no fees and no minimum deposit or balance requirements. Moreover, their savings account is accessible online and through their mobile app for easy transactions. Additionally, customers have free and unlimited access to their FICO credit score.
3. CIT Bank Savings Builder Account
CIT Bank’s high-yield savings account offers tiered interest rates. To qualify for the higher APY, customers must either deposit $100 per month or have a balance of at least $25,000. The account has no maintenance fees, and there is no minimum balance requirement. CIT Bank also offers an app for account access.
4. Discover Online Savings Account
Discover’s online savings account has no opening deposit or minimum balance requirements. Also one of the most no-fee savings accounts, it offers 24/7 customer support and easy access through the Discover mobile app. Discover has a higher interest rate than most brick-and-mortar banks.
5. American Express Personal Savings Account
American Express Personal Savings Account offers an attractive high yield savings account with no monthly fees or minimum balance requirements. Customers can easily access and manage their account directly from the American Express mobile app. Users also have access to free online money management tools and resources.
6. Synchrony Bank High Yield Savings Account
Synchrony Bank High Yield Savings offers a competitive interest rate with no minimum deposit requirement or monthly fees. Account access is easy through the Synchrony mobile app. Synchrony Bank also provides ATM access to account holders for free.
7. Capital One 360 Performance Savings Account
Capital One's online savings account provides a high yield with no minimum deposit and no maintenance fees. Customers get 24/7 online and app access to manage their account. Additionally, Capital One provides users with the tools they need to create and track financial goals.
8. Barclays Online Savings Account
Barclays Online Savings Account offers no monthly fees, no minimum balance requirement, and a competitive interest rate. Customers can easily manage their account Online or through the Barclays mobile app. Also, account holders can schedule automatic deposits to help them save more efficiently.
9. FNBO Direct Online Savings Account
FNBO Direct offers a competitive interest rate with no monthly fees and no balance requirements. Customers can easily access their account online or through the FNBO Direct mobile app. FNBO Direct also reimburses ATM fees charged by other banks
10. HSBC Direct Savings Account
HSBC Direct Savings Account is accessible via online banking or the mobile app and offers a competitive interest rate with no maintenance fees. No minimum balance requirement and frictionless account setup also make it easy for customers to save. Moreover, they offer 24/7 phone support for customers.
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