Washington Mutual has a very nice 3.30% APY online savings account that comes with a free checking account! Interestingly, my savings account with the brick and mortar WaMu only pays 0.50% interest.

Online savings & checking account features:

Free ATM cash withdrawals
$1 opening balance
Cash back for debit purchases
Free checks for life
Free Overdraft/NSF Fee waiver each year
Free outbound [...]

After over a year of plummeting interest rates, it looks like the trend has finally come to an end.
Last month, the Federal Reserve cut interest rates by 0.25%. Normally this would trigger a proportionate decrease in deposit rates. However, over the last month, the average money market rate has INCREASED 0.15% from 2.20% to [...]

Every month, I look forward to Jim Bruene’s monthly financial services scorecard. Using sophisticated Internet traffic monitoring services, he assesses the number of applications and approvals for online savings / checking accounts, credit cards, and mortgages.

The stats for FEB08 are particularly disconcerting.

Inflation - Silent But Deadly!
Low interest rates have made online savings accounts highly undesirable [...]

I’ve been hearing a lot of buzz about SmartyPig, a new online savings account that makes banking less boring. Their interface is colorful, intuitive, and fun.
A Fun Twist on Savings Accounts
You open an account with a minimum deposit of $25. Deposits are funded through ACH bank-to-bank transfers. Your money gets stored at West Bank, an [...]

The internet offers a wide range of services open to all establishment including banks, which is why online savings account has become one of the most effective banking systems that people are seeking. Online banking has become a fad amongst the most hectic people around because of the advantages it offers to them.
Over the years, [...]

The FOMC (Federal Open Market Committee) is expected to cut interest rates on December 11, 2007 by 0.25%, effectively lowering the federal funds rate to 4.25%.
According to the futures markets, professional traders are currently 50% confident that rates will be cut by 25 basis points.
Last week, many economists were expecting a 0.50% drop, [...]

Oregon Community Credit Union (Oregon CCU) has a killer 6.01% APY checking account. Oregon CCU is a credit union.

Credit unions are banks that are cooperatively owned. They usually serve groups that have something in common, like where they work or live. Credit unions are non-profit and exist solely to help their members get better [...]

HSBC Direct 6.00% Online Savings Account
Last year ING Direct took the banking world by storm with its �Winter Save Up Sale.� This time, HSBC is running a special offer of 6.00% APY for any money in one of their Online Savings Accounts. *This promotion is good for money that is deposited between January 29 and [...]

AmTrust Direct’s money market account is paying out 5.36% APY, which is a pretty high rate compared to other banks.
Another plus is that AmTrust Direct requires only a $1,000 minimum to open the account and to earn the rate. This bank is a good alternative to the ING Electric Orange.
Money market rates vary and the [...]