Want to open a savings account and do not knwo where to start

[Anonymous]

Credit union.

[Anonymous]

Anonymous wrote:Capital One 360( formerly ING), although one of the things I like about it is that it's easy to transfer to other accounts, including at other banks.

This is what i use. I have a checking and savings account with them since June of 2012. For 8 years prior to that I had Bank of America. In February of 2013 when I did my 2012 taxes, I'd earned so much interest through ING that i had to report it on my taxes. I looked through past years and realized that if I added up ALL the interest I'd earned in 8 years with BoA it was still less than I'd earned in six months with ING. I was FLOORED.

[Anonymous]

Anonymous wrote:Capital One 360( formerly ING), although one of the things I like about it is that it's easy to transfer to other accounts, including at other banks.

Another +1.

[Anonymous]

Anonymous wrote:

Anonymous wrote:American express has a personal savings acct with really great interest rate

0.85% is "great"? Really?

Yes, for a savings acct it is. OP asked for savings acct suggestions, not investment advice

[Anonymous]

Anonymous wrote:I can't understand why anyone would put money in a "savings account" when you can put it in a low-fee money market mutual fund and get 1-3% back on your money with zero risk.

Can you please recommend a low fee money market mutual fund?