When it comes to finding the best online bank savings rates, it's important to do your research and compare different options. With so many banks offering competitive rates, it can be overwhelming to choose the right one for your financial goals. To help you navigate this process, we've compiled a list of the top 15 online banks with the best savings rates.
1. Ally Bank - Ally Bank offers a high-yield savings account with a competitive interest rate and no monthly fees. They also provide 24/7 customer service and a user-friendly online platform.
2. Marcus by Goldman Sachs - Marcus by Goldman Sachs is known for its high-yield savings accounts and reasonable minimum deposit requirements. They also offer a variety of other financial products, such as CDs and personal loans.
3. Discover Bank - Discover Bank's online savings account offers a competitive interest rate and no monthly maintenance fees. They also have a mobile app that makes it easy to manage your savings on the go.
4. Capital One - Capital One's 360 Performance Savings account offers a high interest rate and no fees. They also have a network of over 40,000 ATMs where you can withdraw cash without incurring any fees.
5. American Express National Bank - American Express National Bank offers a high-yield savings account with a competitive interest rate and no minimum deposit requirements. They also provide 24/7 customer service and a user-friendly online platform.
6. Barclays - Barclays offers an online savings account with a competitive interest rate and no monthly maintenance fees. They also provide a mobile app that makes it easy to manage your savings on the go.
7. Synchrony Bank - Synchrony Bank offers a high-yield savings account with a competitive interest rate and no monthly fees. They also provide a variety of other financial products, such as CDs and money market accounts.
8. CIT Bank - CIT Bank offers a high-yield savings account with a competitive interest rate and no monthly maintenance fees. They also have a mobile app that makes it easy to manage your savings on the go.
9. HSBC Direct - HSBC Direct offers an online savings account with a competitive interest rate and no monthly fees. They also provide 24/7 customer service and a user-friendly online platform.
10. FNBO Direct - FNBO Direct offers a high-yield savings account with a competitive interest rate and no monthly maintenance fees. They also have a network of over 2 million ATMs where you can withdraw cash without incurring any fees.
11. Sallie Mae Bank - Sallie Mae Bank offers a high-yield savings account with a competitive interest rate and no minimum deposit requirements. They also provide a mobile app that makes it easy to manage your savings on the go.
12. CIT Bank - CIT Bank offers an online savings account with a competitive interest rate and no monthly maintenance fees. They also provide 24/7 customer service and a user-friendly online platform.
13. Popular Direct - Popular Direct offers a high-yield savings account with a competitive interest rate and no monthly fees. They also have a network of over 40,000 ATMs where you can withdraw cash without incurring any fees.
14. PurePoint Financial - PurePoint Financial offers an online savings account with a competitive interest rate and no minimum deposit requirements. They also provide a variety of other financial products, such as CDs and money market accounts.
15. Live Oak Bank - Live Oak Bank offers a high-yield savings account with a competitive interest rate and no monthly maintenance fees. They also have a mobile app that makes it easy to manage your savings on the go.
When choosing an online bank for your savings, it's important to consider factors such as interest rates, fees, customer service, and online platform usability. By comparing these top 15 online banks with the best savings rates, you can find the right fit for your financial goals and start growing your savings today.