There are a number of banks offering high yield online savings account.
High Yield Online Savings Account
These are savings accounts offered online or over the internet with higher rates compared to non-internet savings accounts. Banks doing online banking can afford to give its customers better interest rates since these banks don’t maintain an office space or pay salaries of bank tellers.
Where to Find A High Yield Online Savings Account
Finding a high yield online savings account is easy. Just do a Google search and you will easily find banks that offer financial products.
Here are some banks that offer high yield online savings account:
- ShoreBank Direct
- Zions Bank
- Allstate Bank
- Heartland Bank
- Intervest
- First National Community Bank or FNCB
- Bank of Internet
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