Make Money with High Yield Savings Accounts

Written by Zac Johnson
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It’s been about a week since my last post. This has been mainly due to me not being around as much, and very busy working on some new sites and updates. The blog is also going to get a bit of a facelift as well, some navigational improvements and more! So I’ll do my best to keep this blog updated almost daily.

Tax day has just passed us by and I’m sure everyone is thrilled about how much they had to send to Uncle Sam. In today’s post I’m going to let you know about some of the highest paying online bank accounts. (mostly ones that I currently use) This way you can stash away some of your hard earned webmaster/blogging/marketing money and earn a cool yield on it as well!

Today I signed up the “HSBC Direct Online Savings Account“. HSBC is having a promotion through the end of the month where they are paying a nice 6% on all “new money”. Anyone can signup and you only need $1 to setup the account. You can take a look at their site for full terms and sign up application.

Here are a few more online savings accounts I currently use:


ETRADE FINANCIAL
5.05%

In addition to being a stock trading web site, you can also setup a savings account as well.
No Minimums and No Account Fees.

TDAMERITRADE
0.10% to 2.90%%

Another stock trading web site, but also pays interest on money sitting in the account.
Most accounts require a $2000 deposit.
Interest Rates vary.

This was just a quick over view of what’s available online (there are many more!) and where to earn better interest rates on your money than letting it sit in your local bank… which most pay around 1%!

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7 Replies to “Make Money with High Yield Savings Accounts”

  1. HSBC Direct is another good one…I think they start you out at 6% on money deposited before April 30 and then it drops to 5.05%…which isn't bad either.

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