Q: I have $ 2,000 that I want to put in an online savings account. I will not have much access to money because I'm saving it. What online banking would be best for me
All savings accounts, we review do not require a minimum opening deposit, with the exception of HSBC, which requires only $ 1, and Everbank, which requires $ 1500, so that you would qualify with your $ 2,000. Everbank, however, requires that you maintain a $ 5,000 balance or you will be charged $ 8.95 monthly fee. Since you will not maintain a $ 5,000 balance, let's take a look at some of the other great online savings account that works for you:
We gave ING, HSBC and Ally each 5 out of 5 stars in our comments. Not that you'll often remove, but they each allow 6 withdrawals per month, which is the mandatory law for all economies account withdrawals. And unlike Everbank, none of these accounts require you to maintain a minimum balance, although HSBC says you have to keep a penny there. In the first three online savings accounts, HSBC certainly the easiest to access, because they allow you to withdraw money from your account even using non-HSBC ATM machines. If this seems too tempting, we will reduce the list and concentrate on the two front-runners, ING and Ally
Currently, Ally offers higher APY (annual percentage yield) of 0 84% and 24/7 phone support. APY ING offers .80% and representatives of customer service available by phone seven days a week, between the hours of 9:00 and 20 hours and by email. While the two banks offer such features as the ability to download account activity to Quicken or Microsoft Money, we really liked elegant interface of ING, which allows you to create sub-accounts marked. But you may find that the air and the characteristics are of minor importance when choosing an online savings account, since these services allow you to transfer, view and withdraw your funds with ease and of security.
