Savings accounts with highest APY: comparison of top bank savings accounts with best interest rates (APR).

Bank savings accounts rates are incredibly low right now. So more then ever, it's important to get the highest possible interest on your savings to keep up with rising inflation. Not surprisingly, the best bank rates are to be found in online savings accounts. The main reason for this is that online bank accounts do everything over the internet which eliminates the costs of maintaining branches.

We rated the best high-interest bank savings accounts on overall customer value to make it easier for you to choose the right account. All accounts are FDIC insured up to $250,000 per depositor.

• 1.64% APY.(11/24/09)
• No monthly fees.
• Open with $0.
• No minimum balance.
• Daily compounded interest for maximum earnings.
• Six withdrawals or transfers per statement cycle.
• Manage your account online.
• FDIC insured up to $250,000 per depositor.

• 1.30% APY.
• No hidden costs, fees, penalties, service charges.
• No Minimums.
• Online account management.
• FDIC insured up to $250,000 per depositor.

• 1.75% APY.
• If balance falls below $5,000 on any day in the month, your account will be subject to a $15 minimum balance fee for that month.
• Minimum balance to open: $5,000.
• Manage your account online.
• FDIC insured up to $250,000 per depositor.

• 1.51% APY.
• No fees and no minimums.
• $500 minimum opening balance requirement.
• No direct deposit required.
• Manage your account online.
• FDIC insured up to $250,000 per depositor.

• 1.41% APY.
• No fees and no minimums.
• $1.00 to get started.
• Manage your account online.
• FDIC insured up to $250,000 per depositor.

• 1.40% APY.
• No monthly fees.
• No balance requirements.
• Minimum initial deposit to open an account is $1.00.
• Manage your account online.
• FDIC insured up to $250,000 per depositor.

• 1.35% APY
• No monthly fee.
• No minimum balance requirement.
• Only have to put $1 in to start.
• Manage account on HSBCdirect.com instead of at a branch.
• Depositing or withdrawing at any HSBC ATM in the U.S.
• FDIC insured up to $250,000 per depositor.

• 1.30% APY.
• No fees.
• No minimums.
• No changing banks - it electronically links to your current checking account. Transfers are free and easy.
• 24/7 accessibility. 24/7 security.
• Account access for up to three people.
• Quick application - start saving in less than 5 minutes.
• FDIC insured up to $250,000 per depositor.