Savings Rate Shootout – Nov 06

Here is a comparison of rates of the highest APY online savings accounts. There are several new additions to the list and ING Direct has been taken off because they no longer offer competitive rates amongst online banks. The best rates are in bold.

Bank APY
Emigrant Direct 5.05%
HSBC Direct 5.05%
Amboy Direct 5.25%
Presidential 5.25% (upto $35000), 3.00% (above $35000)
4.60 – 5.13%
E-Loan 5.50% (minimum $5000)
Grand Yield Direct (Apple Bank) 5.25%
Zions Bank 5.24%
UFB Direct 5.28%

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