With the Fed rates still at nearly zero, online savings accounts haven’t seen their rates have any major shifts or trends recently. While they’re offering much lower rates than in previous years, they’re still the best place to put your short-term savings.
Which online savings account do you use? Answer our poll here.
About the author: Jason is the author of Automatic Finances: 17 Days to Your Financial Freedom, a guide to automated money management. He started investing thanks to a free lunch, and after finding out how he was getting the short end of the stick, he sought out how to do it right. More »