Hey all!  Every month, I will scrape the internet to find the best online savings account rates.  Let’s take a look at October’s best.  Keep in mind, some accounts do have minimum opening balances.

Also, if you are looking for CD accounts, take a look at each of the below savings accounts, more times than not, they offer slightly higher rates on their CD’s.

American Express 1.85% No minimums, no fees

Ally 1.80% No minimum, no fees

Capital One 1.60% $10k minimum, no fees

HSBC Direct 1.35% No minimums, no fees

ING Direct 1.30% No minimum, no fees

Emigrant Direct 1.30% No minimum, no fees

I personally use HSBC Direct.  While they do not have the best rate for the time being, they stay competitive.  American Express seems to be the best deal out there right now.  I have never used them.

Until next time!