Find the best savings account for your personal needs with the best savings rate.

Americans and Canadians...Shop around before opening an online savings account, and make a better informed decision!

Are you looking for the best savings rate?

Compare the rates of American high interest savings account providers.

Do you prefer to store your savings at a Canadian bank?

Compare the rates of Canadian savings account providers.

Start saving tax free with a TFSA savings account.

Compare the savings rates offered by a variety of TFSA providers.

See how your money grows over time, use our savings account calculator to learn more about your potential earnings.
Welcome To Online Savings Account

We do not only provide information to help Americans and Canadians make informed decisions to open an online savings account, but we also provide you with information on other type of savings accounts, to help you find the best savings account rates.

For Canadians we have created a section solely about Canadian savings accounts.

Savings interest rates can be quite competitive since the arrival of Internet savings accounts, always keep an eye open to discover the best savings rates!

Answers To Frequently Asked Questions About Online Savings Accounts
There are various differentiating factors involved that can apply to your personal banking needs, you might only be interested in the best savings rate and others might also be interested in account features such as being able to pay bills online.

Keep in mind that for US savings account there is a limit of 6 withdrawals you make from your account, this is a government restriction and going over the 6 withdrawals per month limit will cause additional fees.

There are also banks that offer sub accounts which makes it more manageable to organize your finances, for example using sub accounts so you can save for specific goals?

Then you also have minimum deposit requirements, potential fees, some banks may or may not allow ATM withdrawals on your account..these are all factors that can influence your decision what account you would prefer.

if available read the individual reviews to learn more about account features.

In overall most banks allows you to open your account online, it may also be required that paperwork which will be send to your address needs to be signed and returned.

Banks maintain different account opening procedures, but in general every bank wants to make their application process as easy as possible.

Some banks may charge monthly fees, fee types differ per each bank. However most banks try to stay competitive and don't charge monthly fees.
Minimum account balance requirements are not uncommon for high interest savings accounts.

In order to compete with other banks, there are banks that don't require a minimum account balance, or only as little as 1 dollar.