If you live in a developed country, it’s pretty difficult to go your whole life without having at least one savings account. Along with your checking, it is probably one of the first financial accounts you ever opened (or maybe your parents set it up for you). With so many banks around, how do you pick the best savings account?
The Best Savings Accounts for 2013
I’ve just launched a new resource page dedicated to helping you pick the best savings account for your needs. Along with a list of high yield savings and money market accounts with the best interest rates, I put together a list of things to consider when shopping for your perfect account.
Click here to visit this page and see how your current savings account stacks up against the competition.
What Bank Do You Use?
Right now, I’m using Ally Bank for my emergency and savings funds. My main criteria is a high interest rate, and Ally has been one of the best ones in this regard (currently offering 0.84% APY). I’ve never had any issues with them and the couple of times I had to contact their customer support, the service has been great. And just in case you’re curious, I use HSBC Bank for my day-to-day checking needs.
But I want to know about your experiences. What bank do you use for your savings account(s)? How long have you used it for? What’s so great about it? Would you recommend it to others?
Share your thoughts in the comments below!