Top 5 Online Bank Accounts for 2010

Since their inception in 1994 when Stanford Federal Credit Union began offering their members online interest banking services, online banks have generally been able to offer customers better savings rates and efficiency. Due to reduced overhead expenses, online banks have been able to pass their savings on to customers in the form of better interest rates. Today, because of the increasing number of FDIC insured online banks, they must differentiate themselves Read more…

Best MMA (money market) rates for balances of $10k or more

We got an email over the weekend from BankVibe.com reader Stephan asking where to open a money market account in order to receive the highest yield for his balance (which he suspects will remain above the $10,000 mark). Rather then sending him a personal response we thought we’d help him in his research with today’s post.

First, for those of you whom may be in the same boat as Stephan, we would Read more…

SmartyPig Review: Unique approach to savings with great rate!

The SmartyPig online savings account is offered in partnership with West Bank and comes with one of the best interest rates on the market. We were surprised to hear that on May 19, 2010, the APY on total goal balances of less than $50,000 will go up to 2.15% (the current APY is 2.01%). This positive interest rate adjustment goes against current money market and online savings rate trends. The average Read more…

Smarty Pig’s Online Savings Account: 2.01% APY!

Smarty Pig’s online savings account is currently yielding an interest rate which absolutely demolishes the national average for these particular accounts, plus they have some innovative features/tools to help you save!

Smarty Pig’s online savings account rate: 2.01% APY national average: 1.25% APY

SmartyPig, based out of Des Moines, Iowa was launched in April of 2008 and is a banking partner of West Bank and a subsidiary of West Banc Corp. Because West Read more…

Smarty Pig’s 3.05% APY savings account

BankVibe reader Patrick just gave us the heads up on a very lucrative savings account rate through SmartyPig.com. They are offering all potential customers an FDIC insured 3.05% APY savings account.

If you are to invest money with Smarty Pig you may want to note that your money will be held at the West Bank of Iowa, however anyone within the United States is still eligible to join.

The Smarty Pig savings account Read more…