Great List of High Yield Savings Accounts
Filed in Money on Mar 26 2007 | Comment
If you’re looking for the best savings accounts, JD over at Get Rich Slowly has a great list.
I’ve heard a lot about online high-yield savings accounts, but I’ve never bothered to look into them. It occurred to me today that it’s ridiculous to keep my ‘web money’ in a no-yield checking account at Wells Fargo. As my blog revenue grows, I’m throwing away money by not having my savings someplace that pays.
Many of the banks on his list offer convenience features, such as:
- No minimum balance.
- Automatic savings plan.
- No fees.
- Web Interface.
I would add Paypal to JD’s list. Although they don’t offer an automatic savings plans, their current rate is just over 5%. I use Paypal for just about everything in my business, including sending invoices and processing credit cards, and I’ve been very happy with it.
This is the personal blog of Michael Pollock, a 40-year-old single dad, runner, 
