Bank of Internet is offering one of the highest online savings account yields available in the U.S.. The savings account currently yields 3.51%. There is an initial deposit requirement of $100 but no minimum daily balance requirement.

High Yield Savings Account Features:

• No fees or balance requirements
• Interest compounded daily
• Easy automatic transfers between your BofI accounts
• ATM card available
• Free online statements
• FDIC insured up to $250,000 until December 31st 2009, then up to $100,000

Bank of Internet High Yield Savings Account Application