Bank of Internet Savings Account Rates

Bank of Internet, an Internet Bank based in San Diego, California, is 0ffering three different types of savings accounts. All three savings accounts have some of the highest savings account rates currently available. In addition to the high savings rates, each account only has a minimum opening deposit of $100.

Bank of Internet’s savings accounts include a High Yield Savings Account, a Money Market Savings Account and an Advantage Savings Account.

Best Savings Accounts Rates

The savings account with the highest savings rate and yield is their High Yield Savings Account. The account’s current savings rate is 1.29 percent with an annual percentage yield (APY) of 1.30 percent.

The bank’s Money Market Savings Account has tiered interest rates. The current rate and yield is the same for all deposit amounts. The bank’s current savings rate is 1.24 percent with an APY of 1.25%.

The Advantage Savings Account also has tiered interest rates. The current savings account rate is 1.19 percent with an APY of 1.20% for all deposit amounts.

Savings accounts are insured by the Federal Deposit Insurance Corporation up to $250,000. For current savings account rates visit bankofinternet.com.