What banks offer online savings accounts with high interest payouts?

1 Answer

Answer :

There are several banks that offer online savings accounts with high interest payouts. The best banks to use for this are Suntrust and America's First Bank.

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Last Answer : d. people with large retirement savings held in savings accounts

Description : Where is the best place to find a high interest savings account?

Last Answer : There are very few banks with high interest savings account. At best you can get an account with abotu 1% to 2% interest. Ally bank offers accounts and CDs with these rates and at times have specials for 5% lock in rates.

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Last Answer : Welfare programmes

Description : Banks in the US, active with the FDIC, only insure $100,000. So if a person has, for example, 10 million dollars and wants to deposit the money in a bank, does he have to look for 100 banks or is there another way to invest that is as low risk as a savings account?

Last Answer : A person with 10 million dollars probably has a diversified investment portfolio with a variety of risk levels and return levels. As a result, his insurance is that not everything will collapse at the ... 10% above inflation, banks are a very poor choice for someone with lots of money to invest.

Description : What is the interest rate for Suntrust online checking accounts?

Last Answer : I checked the Suntrust site and couldn't find an "online checking account". Suntrust offers a nice discount on loans in other products to its checking account holders though. BankRate.com compiles data involving the major banks and thier interest rates.

Description : Are there any online checking accounts that pay interest?

Last Answer : There are a couple options if you are looking for an online checking account that pays interest. One of them is EverBank which accrues 0.61 percent in interest, but requires a minimum $1,500 balance ... an online interest checking option with only a $1 minimum balance to open, but charges a $25 fee.