Best Bank Rates

capital one has high yield money market account rates at 1.60% APY (the national average advertised by capital one is 0.71% APY). this investment account is FDIC insured and only takes one dollar to open. there are no monthly minimums and subsequently no monthly maintenance fees. money invested in this capitalone.com money market account can be accessed via electric online transfers to an external account, checks (free), and through the provided capital one ATM card.

these money market rates are good for those with less than 10,000 dollars in the bank. investments that are greater than $10000 will gain more interest money in capitalone.com’s online savings account. their high yield savings account rate is 2.27% APY for balances over 10000 but it is only 1.20% APY if the average daily balance is less than ten thousand dollars.

U.S. First Credit Union has high interest checking account rates at 4.50% APY. This rate only applies to checking account balances of $10,000 or less. All money in the account over $10000 earns NO INTEREST. There is a minimum opening deposit of $25 and a monthly service fee of $10.

The most interest earned on any given month with this 4.5% annual percentage rate is about $37.50. Subtract the ten dollar monthly service fee and there remains $27.50 in interest earned per month. The minimum to keep in this checking account is about $2666 to break even with the monthly service charge.

US First Credit Union is NCUA insured for up to $250,000 per account holder for a total of up to $500,000 per bank.

evantage bank has best checking account rates at an amazing 5.25% APY. This is definitely one of the highest current interest checking account rates out there right now. There isn’t even a minimum balance so there are no monthly account maintenance fees. evantagebank.com’s high yield checking account rate is 5.25% APY on the first $25,000 of the account balance. Then the remaining balance over $25,000 earns a lower rate even though this rate is far better than some 1 year CDs right now: 2.25% APY.

There’s only one requirement that must be met in order to receive this best checking account rate:
Just make 10 Evantage MasterCard (their provided debit card) transactions per month.
That’s it! Real easy to do: use it to buy coffee and the 10 purchases per month are easily completed. EvantageBank is FDIC insured for up to $250,000 for single accounts and up to $500,000 for joint accounts.

GMAC Bank has top CD rates at 3.00% APY for many of their term CD’s: 12 month CD, 18 month CD, 2 year CD, and 3 year CD. 3% interest rates are very high at the moment and hard to come by. Some investment banks are offering certificate of deposit interest rates as low as .25%