Current High Interest Saving Solutions

(Updated as of Dec 21, 2015)

Though current high interest saving accounts aren’t what it used to be at it’s peak, but they are still relatively a lot higher than typical saving accounts. So check here often to make sure you are making the most out of your nest of savings.

Saving Accounts

Ally Bank is offering a 1.00% APY on their Online Savings and 0.85% APY on their Money Market accounts.


American Express is offering a 0.90% APY in their online savings account with no minimum deposit.


Discover is currently offering 0.95% APY on theirdiscover online savings account with no minimum deposit.


Santander Bank has a promotion on their extra20 checking account that gives you a total of $20 if you have $1500 in direct deposit and 2 bill payments monthly.
Certificate of Deposit (CDs)

Ally Bank still has a higher rate at 2.00% APY on a 5-year CD. 

2 thoughts on “Current High Interest Saving Solutions

  1. American Express is offering CDs and savings accounts? I thought they were only a credit card company. If their CDs are FDIC insured, I’d go for the 24month CD then next month you can sign up for another account (assuming you have a 1 yr unemployment buffer).

    Also FYI- HSBC is offering a CD-like investment vehicle that is offering 2-3% guaranteed APY. You will get more if the investments they make are good but min you are guaranteed is that 2-3% so you won’t be losing any money. The only downside is that it’s for 6 yrs, which is why I didn’t sign up.

  2. American Express has been offering a savings account for a while now. Recently they’ve expanded to include CDs as well. All are FDIC-insured up to $250,000.

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