Banking


Find the best bank for you!

What type of banking customer are you? Are you looking for convenience, are you looking for personalized service, or are you just looking for the best banking rates you can find? Regardless of why type of customer you are, you are probably going to need a bank – so you might as well find a good one! ┬áIt is just part of the digital world that we live in today.

After working in the banking and brokerage industry for most of my career, I discovered that not all banks are created equal. In fact, there are often huge differences from one bank to the next. Even though online banking is nothing new, there are many folks who are still discovering that they can often get much better banking rates than at a traditional brick-and-mortar bank.

Good Options For Online Savings Accounts

Name Interest Rate Minimum Balance Notes
SmartyPig 2.01% APY $25 Account requires monthly contribution of at least $10.
Everbank 1.77% APY $1500 3-month bonus rate of 2.51%. Monthly fee of $8.95 for balances less than $5000
ING Direct 1.30% APY $1 They offer a $25 bonus for new customers opening an account with at least $250. Find out more here.
WT Direct 1.16% APY $1 The rate functions as an intro rate for 2 months unless you maintain a $10K minimum balance.
Virtual Bank 0.75% APY $1 They offer a $20 bonus for new customers opening an account with at least $100. Find out more here.

Below are a few articles about banking that you might be interested in…