How to get a high yield savings account.

Bank savings accounts on average turn in menial interest rates, which average 0.94% in the U.S. Heres how to do a little digging and find the best interest rates which are leaps and bounds over the average interest rates. (THIS ARTICLE WILL BE UPDATED BI-WEEKLY WITH THE HIGHEST INTEREST RATES)

Instructions

Difficulty: Moderate

Things You’ll Need:

• The internet
• Money to save
• Telephone
• Desire for better interest rates

1. Read the this article for a list of the 10 banks with the highest interest yields in the U.S for a savings/Money Market account.
2. 1st Place (Tied):
   
   Corus Bank - Chicago, IL with an Annual Percentage Yield of 3.85%
3. 2nd Place:
   
   Venture Bank Direct - Dupont, WA with an Annual Percentage Yield of 3.80%
4. 3rd place (TIED):
   
   Dollar Savings Direct - New York, NY with an Annual Percentage Yield of 3.75%
5. 3rd Place (TIED):
   
   BankUnited Direct - Miami Lakes, FL with an Annual Percentage Yield of 3.75%
6. 4th Place:
   
   Flagstar Bank - Troy, MI with an Annual Percentage Yield of 3.65%
7. 5th Place:
   
   OnBank - Oakfield, NY with an Annual Percentage Yield of 3.60%
8. 6th Place:
   
   Zions Bank - Salt Lake City, UT with an Annual Percentage Yield of 3.56%
9. 7th Place (TIED):
   
   GMAC Bank - Midvale, UT with an Annual Percentage Yield of 3.55%
10. 7th Place (TIED):
    
    Heartland Bank Direct - St. Louis, MO with an Annual Percentage Yield of 3.55%
11. 8th place:
    
    Nationwide Bank - Columbus OH with an Annual Percentage Yield of 3.52%
12. Now that you know which banks offer the highest yields, select your bank, and visit their website! All banks in the top 10 have web links in the resources section below.

Tips & Warnings

• Note that some of these banks are online only banks, and all are FDIC insured up to $100,000 research each banks policy on their website, which are all in the resource links at the bottom.
• Even if these banks are not in your state you may still open an account online.
• Please view each banks website for terms and condition on their accounts.
• The interest rates are subject to change at any time by the bank, view each banks terms to find what fits you.