The online division of East Boston Savings Bank, is paying a whopping 2.81% APY on its money market account.
That’s more than twice the national average of 1.36% for MMAs, and a whopping six-tenths of a point more than the best money market accounts were paying in our last survey.
The catch?
That rate is only [...]

You can still earn 2.25% APY from the top-paying money market accounts available nationwide.
That’s what the average 5-year certificate of deposit is paying, and far more than the so-called “high-yield” accounts other banks are promoting.
You’ll find those top-paying MMAs at:
GMAC Bank with no minimum deposit or balance.
AmTrust Direct, the online division of AmTrust Bank [...]

A smart reader noted that Redneck Bank is paying 3.10% on its money market account.
And that’s true.
It’s owned by Todd and Wade Huckabay, two brothers from a family with a long history in Oklahoma banking and rare sense of humor for the financial industry.
The Huckabays control Bank of the Wichitas — and its [...]

Here’s a low-tech deal for you.
Colonial Bank is selling a 24-month certificate of deposit with just a $500 minimum deposit.
That’s almost twice the national average for 2-year CDs and is one of the best offers you’ll find right now.
But you can’t apply online.
You have to buy the CD in person at one of [...]

AmericaNet Bank is still offering exceptional interest rates on checking accounts and money market accounts.
But the Oklahoma-based bank is changing the maximum amount on which it will pay top rates for both types of accounts.
For its Rewards Checking account, the limit is going down.
Instead of paying 5.25% on the first $25,000, it [...]

Here’s another investment that pays 3.00% APY. And considering today’s economic environment, this is a great-paying deal.
ADB Bank, is offering a 3.00% APY on Direct Wealth Money Market accounts with a minimum deposit of only $1.
To sweeten the deal, the terms that come with the account are laced with words like “free” [...]

The Mega Money Market Account from AmericaNet Bank is paying 3.10% APY with no minimum balance required.
There’s no monthly maintenance fee, plus you get a check card that allows you to make six free withdrawals per month. (There’s a $5 fee for each additional withdrawal.) Online banking and email notices if you are overdrawn [...]

When you open a new money market account at EverBank you’ll get a three-month bonus rate of 3.51% APY. After that the rate drops to a less lucrative, but still respectable, 2.46%.
The return for your first year averages out to 2.73% APY, which is still more than a point higher than the national [...]

Washington Mutual has a very nice 3.75% 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 [...]