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Ever Bank High Yield Savings Account

August 19th, 2011 by hysa | No Comments | Filed in Money Market Account, Savings Account

There are so many high yield savings account nowadays and the majority are from online banking companies.It is important to learn as much about a bank as possible before opening any accounts. Analyze the bank’s history and look for patterns or any remarkable changes that may have previously occurred. Try to find out how long the institution has been around and get any statistics you can gather regarding corporate strength and financial growth.

Not many people have probably heard of EverBank. This is likely because they are relatively a small bank that does its business in Jacksonville, Florida. The company’s current incarnation was put together in 1994 when an investor group acquired the Alliance Mortgage Company, and became a significant mortgage originator and service provider. In January of 2000, EverBank was founded as a national direct-to-consumer bank.

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Tags: EverBank, EverBank high yield savings account, high yield savings account

Online savings accounts comparison

May 17th, 2011 by hysa | No Comments | Filed in Savings Account

Searching where to find the best online savings account can be a bit of a challenge. It is overwhelming as you are overwhelmed as to how you can grow whatever money is left of your paycheck after paying all those bills.

Online savings account rates are pretty low, but we managed to gather quite a bit of information for online savings accounts with APY’s 1.00% and above. Here are what we found:

1. FNBO Direct online savings account, as of May 17, 2011, is 1.00%APY. With no monthly fees and no minimum balance requirements and with as little as $1 to open an account, this is a good option for those just starting out. As this is an online savings account, you have access to your account 24/7.

2. American Express high yield savings account at 1.15%APY as of May 17, 2011. Also, no fees or minimum balance requirements and 24/7 access to your account by phone or online.

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Tags: high yield savings account, online savings account

High Yield Savings Account May 2011

May 3rd, 2011 by hysa | No Comments | Filed in Savings Account

A savings account is still the safest way to park one’s hard-earned money. Whatever money saved earns a little bit of interest income compared to just putting it under one’s bed mattress. Though savings rates are pretty low at this time, one can safely bet that the money is safe as most banks are federally insured. For one’s peace of mind, check your bank if it is federally insured before entering into any transaction with them.

If you miss your target savings in April 2011, here are our top 10 offer on high yield savings account for May 2011:

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Tags: high yield savings, high yield savings account, internet money market account, Money Market Account

High Yield Savings Accounts for April 2011

April 11th, 2011 by hysa | No Comments | Filed in Savings Account

If you want to save money for future use, which bank would you choose? Would you go to a bank you trust or a bank which offers a high yield savings account? Most people would not mind parking their hard earned cash with a bank they can trust while others would take the risk in banking with those that offer high yield savings accounts. That being said, is it not that we want to save money because we want to have ready cash whenever we need it and then earn some interest in return?

Before making that first deposit keep in mind the following:

1. Check whether the bank you intend to deposit your hard earned cash is FDIC insured; and

2. Check whether the bank offers a high yield savings account.

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Tags: high yield savings account, high yield savings accounts

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