Bank of Internet Savings Account

Bank of Internet is advertising one of the highest savings account rates available these days. Bank of Internet has three different savings accounts and each has a different savings account rate and yield.

The savings accounts include their “High Yield Savings Account,” “Money Market Savings Account” and “Advantage Savings Account.”

The best yielding savings account is their High Yield Savings Account, the current annual percentage yield is 1.65%. Next in line for the best yield is their Money Market Savings Account which currently has an APY of 1.60% and the bank’s Advantage Savings Account has an APY of 1.55%. Bank of Internet is also offering some of the best CD rates available today.

Each savings account has different features and benefits. There are no fees or minimum balance requirements for all three accounts. Savings accounts are insured by the Federal Deposit Insurance Corporation up to $250,000. Bank of Internet’s FDIC CERT number is 35546.