Latest responses to “Top Online Banks For High Interest Savings and Checking” Copyright 2012, MoneyBlueBook.com 463390 2010-10-22T12:36:32-07:00 foglifter louisa, ING is not the best example. I bank with Ally and Alliant Credit Union and both do the transfers pretty quickly - 1 day. 463400 2010-10-18T07:02:15-07:00 louisa the only thing i don't like about online banking is that if you want to make a withdrawal you have to wait for at least 2 days for the transfer from their bank to yours. i know for a fact that is how ING works. 463350 2009-07-20T13:33:51-07:00 Jim These are pretty good suggestions. I use the ING direct and really enjoy it; however, their apy is always adjusting so they arent always the best rate available. I like that i can add money to my AccountNow prepaid debit card with my ING account. This makes it easier since my money direct deposited to my account already 463310 2009-05-30T01:25:07-07:00 Chris Looking at Ally Bank...no doubt...it's one of the, if not the best bank right now offering the best rates and impressive bank products like no penalty CD's. 1 year classic CD's are 2.80%, online savings accounts are 2.25%, and free checking money market accounts are 1.90 % APY. Definitely worth a review! 463380 2009-05-26T00:51:17-07:00 Perch Also, forgot to mention, I recommend checking out Ally Bank's new no penalty CD deposit accounts. They are different from old traditional classic certificate of deposits in that they impose no penalty fees or charges when you withdraw your CD funds prematurely prior to maturity. Apparently it's a new online banking gimmick or something that Ally is working on. Worth checking out. 463370 2009-05-26T00:49:14-07:00 Perch Hey all, GMAC has changed its name and website visits are being redirected to the new Ally Bank website. Ally Bank, formerly known as GMAC Financial Bank is being marketed pretty heavily...you may have noticed their TV commercials on CNBC and other places online as well. GMAC Bank is working hard to improve its old damaged auto maker image by changing name and branding itself into the new and improved Ally Bank. But the savings account rates and CD rates with Ally Bank are still the same high interest rate offers we've come to expect from the old GMAC. Hopefully, market conditions permitting, high yield savings account promotions and CD deposit accounts with Ally (GMAC) will continue to offer the best rates for months and years to come. 463240 2009-05-07T13:53:08-07:00 foglifter Mac, I'd really suggest going with GMAC. I just got a letter from EverBank about fee hikes. I had a few bucks left there as I no longer use EverBank. I immediately called and closed my account. Here's what I use right now: checking - Patelco (local bank, use it for deposits and for my HSA account) checking - Fidelity mySmart Cash account (free ATM/billpay/checks, FDIC core) savings - GMAC Online Savings and GMAC MMA (with checks) 463360 2009-05-07T09:40:28-07:00 Mac I have a checking and savings account with Bank of America. Been looking at online rates these days. They are not all that great but at least they offer me solid FDIC limit protection from loss. I want a reliable interest rate driven Internet savings account for high yield interest. Looks like Everbank is a good pick. Dollar Savings Direct looks pretty good too. Any other banking account ideas for savings? If not, I play to sign up and see how they go. I'll report on my experiences! 463220 2009-04-20T10:16:06-07:00 TrueRates Oh I should mention that my portfolio for the savings account is targeted at the $90,000 + rates. There are some teaser 3.5 or 4 % rates out there but they are only good up to $25,000 limit. Good for some I suppose.. 463200 2009-04-20T10:13:24-07:00 TrueRates Well as of April 20th 2009 all these rates listed as the "top" APY's are all wrong, most of them by over 50% lower. I keep an eye on all the big names, right now 1.6-2.0% are the normal. I have stuck with GMAC I opened it at 2.5% and its holding at 2.25% which is about the highest I have found for banks out there. Saving accounts.