Looking for high yield savings accounts and online savings accounts offering great rates?

Here are financial institutions offering the best high yield savings accounts and online savings accounts for October 2009:

1. ShoreBank Direct high yield savings account at 2.15%APY
2. American Express Personal Savings at 1.85%APY
3. CNB Bank Direct high yield savings account at 1.85%APY
4. UFB Direct US Savings at 1.85%APY
5. Ally Bank, formerly GMAC Bank, online savings account at 1.80%APY
6. BankofInternet high yield savings at 1.75%APY
7. Capital One Direct Banking Personal Savings at 1.60% with $50 bonus. Bonus offer valid until October 15, 2009.
   
8. E-Loan Savings Plus at 1.60%APY
9. iGoSavings at 1.56%APY
10. Metlife Bank high yield savings account at 1.50%APY for balances of $25,000 or more.

The above rates are current as of this writing so check back more often for updates.

Tags: high yield savings accounts, online savings accounts