I have the amex personal savings acct and think it's pretty great for what it is.

Interesting article on other options:

http://www.nytimes.com/2012/07/14/your-money/brokerage-and-bank-accounts/interest-starved-savers-have-some-options.html?_r=0

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

0.85% is "great"? Really?

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.

What's a "really great interest rate" in a savings account? .75%?

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

Why not open a Vanguard account and put it in there?

Anonymous wrote:

Anonymous wrote:

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.

+1

I've had a Capital One 360/ING account for years. When I first opened it, the interest rate was the best you could find. The rate has been steadily decreasing over the years, as I know have all interest rates. I haven't done the research, but I'm wondering if Capital One is still one of the best interest rates out there for a savings account..... Or have other internet banks come on the scene with more competitive rates? Just wondering if anyone has shopped around recently.

When I looks recent, Ally bank was higher.

However, if you have kids, Virginia commerce bank lets you put up to $10k in a custodial account and gives nearly 3% interest.

I did that in August! $10K in it so far. I don't touch it. I don't even act like I have it. It is just there. I just chose a bank.

Anonymous wrote:

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.

+1

I've had a Capital One 360/ING account for years. When I first opened it, the interest rate was the best you could find. The rate has been steadily decreasing over the years, as I know have all interest rates. I haven't done the research, but I'm wondering if Capital One is still one of the best interest rates out there for a savings account..... Or have other internet banks come on the scene with more competitive rates? Just wondering if anyone has shopped around recently.

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.

+1

National Capitol Bank still has old fashioned passbook savings accounts - no ATM withdrawals possible....

Ally Bank or Emigrant Direct-- online internet banks.

Go to bankrate.com and find which online savings accounts have the highest interest rates.

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.

We already have several joint accounts, all of them through BoA. I'd like top open a new account that is entirely separate from our existing ones. I just want a place where I can havea money deposited directly from my paycheck that it would be difficult for me to get to. Obviously, I do not want a BoA account, becaue it would be too easy to transfer to my BoA checking. I do not know where to begin with online savings accounts.

Anybody have any advice for a good bank to open a single simple savings account?