Bank Account Returns

Typically your FDIC insured bank accounts aren't a great place to earn a decent return. One site, Savingsaccounts.com is looking to change that. It offers online banking interest rate comparisons at SavingsAccounts.com will help you find the best high yield online savings account or checking account.

What they have done is assemble in one location the best checking and savings accounts that have higher yields than typical 1% interest accounts. What I find interesting is that they have done a great job covering the various types of accounts available that yield from 2.29% to 6% rate of return. If you have money in your checking account, doesn't it make sense to have a decent rate of return on those funds? All banks offer online access and some have minimum requirements. The 6.00% rate of return actually has no minimums from HSBC online banking. It makes sense once your have consolidated your debt to begin earning a reasonable return on your checking or savings account.



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