What is the safest online savings account with the highest yield?

October 27, 2008 by · 2 Comments
Filed under: Blog 

What is the safest online savings account with the highest yield, assuming that the FDIC runs out of funds to insure customers if the bank fails? Right now I have money in Etrade savings and ING, but I am worried if too many banks go under uncle sam won’t be able to insure my money anymore.

HSBC direct is offering 3.25% APY on savings and 3.75% APY on a 6 month CD

EDIT: I just found that Citibank is offering:
6-month CD4.00% APY 3.92% interest and their savings account if opened online is offering 3.50% APY

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks

Tags:

  • Parse error: syntax error, unexpected ':' in /home/thesavin/public_html/wp-content/plugins/php-code-widget/execphp.php(44) : eval()'d code on line 11