Savings Accounts FAQ

Frequently Asked Questions about Savings Accounts

    How does NextAdvisor.com review these online savings accounts?

    We thoroughly researched all the online savings accounts in this category, comparing interest rates, minimum balances and support options. We also looked at monthly fees, tie-in bonuses and how many withdrawals you can make per month. After the initial review period, we constantly monitor the saving account providers' sites for any service changes or specials.

    We only include online savings accounts on our site that we believe offer a good value proposition. If there is a provider you know of that is not on our site, you can be fairly certain we did not rate that provider highly enough to include in our comparison. If you think we are missing a quality online savings account or have any other suggestions or comments, please visit our contact us page.

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Search our site for more information about Savings Accounts:

Top Savings Accounts

ING Direct

Bottom line: Feature-rich, reliable, and fast
Ally

Bottom line: Good, high-yield option with $0 minimum balance and $0 start up deposit
HSBC Advance

Bottom line: Great choice, particularly for those who want ATM access
Discover Online Savings Account

Bottom line: Good choice with comparable APY; has opening deposit requirement but $0 minimum balance
EverBank

Bottom line: Good for those who will maintain a balance above $5,000

Disclosure: NextAdvisor.com is a consumer information site that offers free, independent reviews and ratings of online services. We receive advertising revenue from most of the services we review. Our editors thoroughly research and whenever possible test each service we review and offer their honest opinions about each one. We are independently owned and operated and all opinions expressed on this site are our own.