Which high-interest savings account is the best?
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I have been looking for the best savings account out there but I’m am kind of confused by all of it. Does anyone know which of the following options offers the best service? Or any other options you may suggest me.
Ally Financial (www.ally.com)
Beam (www.meetbeam.com)
Wealthfront (www.wealthfront.com)
Citibank (https://online.citi.com/US/login.do)
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I use Purepoint. It pays 2.15% APY as long as you keep at least $10,000 in your account. Doesn’t pay as much interest as some of the banks you listed in your OP. but I am happy with them and have never had a problem.
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I suspect many of us have account(s) at Ally. I’ve used them for a couple of years and hold multiple accounts without issue. I was hesitant about an “Internet” Bank but so far it’s worked out fine and they do rank near the top of Interest paying accounts.
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@mrvietnam thank you! I’ve never heard of them before.
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- Penfed
- American Express
- Discover
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Alliant is good if you have a lot of checks to deposit, since they use the Co-Op Network of deposit taking ATMs. Their rates have been non competitive recently though.