Current Savings Account Online Rate Chart

I update the online rate chart 3 times a month. I find that most online banks are changing their rates on 21st - 23rd day of each month. The second date to watch is the 2nd day of each month. Two major banks update their rates on the 10th day of the month. The rule of thumb is if the Fed Rate changes expect alot of movement on the rates.

Here's how we look this month:

Best Rate: FNBO Direct - 6.00%

Biggest Movers: GMAC Bank - 5.30% (Up .30%)

Most stable rate: HSBC Direct - 5.05% (19 Months)

What's the rate trend this month: No Movement

1. FNBO Direct - 6.00%
2. AmTrustDirect - 5.36%
3. BankUnited - 5.35%
4. UFB Direct - 5.31%
5. GMAC Bank - 5.30%
6. iGobanking - 5.30%
7. Zions Bank - 5.30%
8. OneUnited - 5.30%
9. Grand Yield Direct - 5.27%
10. WTDirect - 5.26%
11. E-LOAN - 5.25%
12. Transportation Alliance Bank - 5.25%
13. Presidential Bank - 5.25%
14. Countrywide - 5.25%
15. Direct Huntington - 5.20%
16. FirstFedDirect - 5.16%
17. Discover Bank - 5.14%
18. Mutual Bank - 5.10%
19. Savings Square - 5.10%
20. Bank of America AAA/NEA - 5.08%
21. EmigrantDirect - 5.05%
22. HSBC Direct - 5.05%
23. ETrade Bank - 5.05%
24. AmboyDirect - 5.05%
25. UnivestDirect - 5.05%
26. EverBank - 5.01%
27. CapitalOne/Costco - 5.00%
28. Washington Mutual - 5.00%
29. Salem Five Direct - 5.00%
30. eBank - 5.00%
31. Indymac Bank - 5.00%
32. PFF Bank and Trust - 5.00%
33. Citibank - 5.00%
34. UmbrellaBank - 4.95%
35. Tennessee Commerce Bank - 4.81%
36. MyBankingDirect - 4.75%
37. Capital One - 4.75%
38. VirtualBank - 4.60%
39. Corus Bank - 4.58%
40. NetBank - 4.50%
41. ING Direct - 4.50%
42. GE Money - 4.50%
43. MetLife Bank - 4.40%
44. Imperial Capital - 4.20%
45. Melrose CU - 4.06%