So, I’m going to open up a new online savings account in the next week or so. I already have a nicely funded account at SmartyPig. And while they are raising their rate to 2.15%, that’s only for up to 50K.
Top Online Savings Accounts Choices
ING Direct – classic, but not the best rate in the world
Ally Bank – Do they NOT advertise somewhere? My gosh, these guys are everywhere
Local Portland Bank – I could go local and not online at all
EverBank – $1500 deposit minimum isn’t a problem, but I once tried to open an account online and they sent me a ton of paperwork. Never finished the app
So, opening it up here, which bank should I choose and why?