high yeild savings account which one do you use?

Discussion in 'Budget Board' started by dis2cruise, May 17, 2010.

  1. dis2cruise

    dis2cruise Long Island, NY

    Joined:
    Aug 21, 1999
    Messages:
    3,244
    looking for a high yield savings for my son (18 yrs. old) any suggestions??
     
  2. 2005s4

    2005s4 Mouseketeer

    Joined:
    Dec 23, 2008
    Messages:
    157
    ING Direct is paying more than any other company that I currently know of/use.
     
  3. disneygals

    disneygals <font color=purple>Call me "galbabies"</font><br><

    Joined:
    Jun 19, 2000
    Messages:
    1,778
    American Express, Discover Bank. Just read about Smartypig.com in Money magazine, but haven't researched it.
     
  4. Avatar

    Google AdSense Advertisement


    to hide this advert.
  5. llori7

    llori7 DIS Veteran

    Joined:
    May 11, 2007
    Messages:
    655
    We use capital one. At the time it was the highest interest. I haven't "shopped" around recently.
     
  6. fab5friend99

    fab5friend99 Mouseketeer

    Joined:
    Feb 23, 2008
    Messages:
    180
    I use emigrantdirect.com. I also had an INGdirect.com at one time. Their rates were always pretty much the same. I didn't like ING because it assigned me a number as my user ID. And I think this was also the same account where I had to use all numbers as my password. I could never remember them. Emigrant allows you to choose a name which is much easier to remember whether I am on my home PC or at work.
     
  7. minnie1928

    minnie1928 WDW addict

    Joined:
    Feb 16, 2004
    Messages:
    2,998
    I too just opened an account at Capital One for the rate. It's currently 1.34 plus they pay a 10% bonus on your interest earned.

    Technically Sallie Mae has the best base rate right now at 1.4% (according to bankrate.com http://www.bankrate.com/funnel/savings/savings-results.aspx?local=false&IRA=false&prods=33&ic_id=CR_searchMMASavingsRates_checking_MMASavings. I haven't used them, so I can't say how their service is or how often they change their rates or anything like that.
     
  8. minnie1928

    minnie1928 WDW addict

    Joined:
    Feb 16, 2004
    Messages:
    2,998
    I "think" there's an option to change it if you want to. I never did it, but a friend of mine mentioned it to me one time. I was making the same complaint that you just made.;)
     

Share This Page