Highest Yielding Bank Accounts List Jan 08

January 30, 2008 – 7:56 am

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With the recent rate cuts a lot of bank have been dropping the rates on their accounts. You can still get an effective 5% APY though.

Name of Bank / Effective Yield (APY) / Minimum
Countrywide Savings 5.00% $10,000
Shorebank 5.00% $1
Alliant CU 4.85% $5
Savings Square 4.80% $1
Corus Bank Ultimate MMA 4.75% $10,000

  1. 2 Responses to “Highest Yielding Bank Accounts List Jan 08”

  2. There’s a credit union where I live advertising 6.25% APY/

    There’s a bit of a catch - while there is no minimum, there is a maximum of $30,000. Any balances above $30,000 get 1.01% APYU.

    By Minimum Wage on Jan 30, 2008

  3. That is, you get 6.25% on the first $30,000 and then 1.01% on the rest.

    By Minimum Wage on Jan 30, 2008

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