Savings Account Rates

Looking for the current highest savings account rates nationwide?

Read on for reviews of our top picks for online savings accounts including Discover Bank, Sallie Mae, Ally, and FNBO.

1. Discover Bank has held it’s rates firm for longer than most banks – it’s a savings account with no fees no minimums and no bull.

2. Sallie Mae is a unique savings account, it is the only savings account that Upromise® will allow you to transfer your cash back rewards to; otherwise you have to transfer rewards into a 529 college savings plan or request a check to be used for college expenses or loans.

Read our review of Sallie Mae Savings with a Linked Upromise® Account.

3. Ally Bank is redefining the online savings industry by offering high rates, low fees, 24 hour chat support (I’ve used it several times and the agents are knowledgeable and friendly), and so far, no deceptive marketing.

Read our review of Ally Bank’s Online Savings Account.

4. While many banks will offer a high teaser rate just to lower it once they get enough accounts, First National Bank of Omaha has been in the top 20 list for the last two years. FNBO Direct is FDIC insured, has a four star BankRate Safe & Sound® rating, and offers a high-yield billpay checking account.