List Of Internet Only Banks

Internet only banking can score you a higher interest rate. In days long gone you could yield 4% – 5% from Internet only banks. Now a day, you can expect 1.75% – 1.00%, which is better than the interest rates of traditional banks. Following is a brief write up of a few Internet only banks:

Internet Only Banks

• ING Direct
• EverBank
• WT Direct
• Ally

Internet Only Banking With:

ING Direct – the current interest rate at ING Direct Orange Savings Accounts is 1.4%

Internet Only Banking With ING Direct

EverBank – the current interest rate at EverBank is 1.77% with a 3-month introductory rate of 2.51%

WT Direct – the current interest rate at WT Direct is 1.66%.

Ally Bank – the current interest rate at Ally is 1.75%.

Internet Only Banking with Ally Bank

The interest rates listed above were posted as of 9/7/09 on the various bank’s sites. Interest rates changes are frequent, to get the current BEST interest rates check out “Current Interest Rates“.

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