Finding the best online savings account requires a review of the current top bank savings account rates, the product variety offered by the bank and bank customer service with a distinct emphasis on the current interest rate environment on the savings account interest rate.
One of the top ten best online savings accounts comes from Emigrant Bank and their EmigrantDirect online banking division. EmigrantDirect offers an online savings account referred to as the American Dream Savings Account.
The American Dream Savings Account is currently paying a 1.00 percent annual percentage yield. This online savings account has no account fees or service charges. Account holders will earn the maximum interest rate on every dollar deposited without minimum balance requirements or other monthly maintenance fees.
The online savings account from EmigrantDirect has the interest earned compounded daily and credited to the account monthly.
The online savings account is easy to establish online, new account holders can keep their existing checking account and link it to the American Dream Savings Account. Online savings account holders can have up to 2 linked accounts with EmigrantDirect to facilitate electronically transferring funds in an out of the savings account.
Account holders can also set up automatic deposits to the EmigrantDirect American Dream Savings Account as well. Access to online savings account information for existing account holders is available online at EmigrantDirect.com anytime, 24 hours a day, and seven days a week. Online savings account holders can see all of their current account transactions and bank savings account balance information at any time as well as view past statement information.
Since EmigrantDirect is the online banking division of Emigrant Bank, any deposits with EmigrantDirect are FDIC insured up to $250,000 per depositor.
The EmigrantDirect American Dream Savings Account offers one of the highest yielding savings accounts that do not imposing minimum deposit requirements, minimum balance requirements or monthly fees.
The online savings account review of the EmigrantDirect American Dream Savings Account presented by Selectcdrates.com is believed to be accurate as of this publication date; however the bank rates and terms are subject to change. For more details, see the current account disclosure. All bank products and services are subject to bank approval.
Selectcdrates.com provides the information on this online savings account as well as other bank reviews and resources to help consumers choose the best online savings account with the best rate to fit their needs.
Compare the return on this online bank product with the best savings account rates, best money market rates and best CD rates from some of the highest yielding banks in the selectcdrates.com database. Compare rates on the best money market accounts from banks across the nation at money market account rates, compare the best savings account rates at saving account rates and see the best CD interest rates by term at 3 month CD rates, 6 month CD rates, 1 year CD rates, 2 year CD rates or 5 year CD rates.
Tags: bank rates, bank savings account, bank savings account rates, best online savings account, Emigrant Bank, EmigrantDirect, online banking, online savings account, savings account
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