Best Savings Account Rates

Online savings account aren't a special type of savings account. Rather, the savings account that can be opened by filling in an online application form are called online savings accounts.

When businesses can open savings accounts online, the accounts get the name online business savings accounts. Let us discuss few banks that offer online business savings accounts and their rates.

Online Business Savings Accounts from Top Banks

Wells Fargo has several online products for businesses. This includes an attractive checking savings account targeted at commercial establishments.

UniverstDirect offers a product named "Primary Online Business Savings" to help small and medium businesses. The APY is 1.00%. A low minimum amount of just 1.00$ is required to open a new account.

BankAtlantic, Florida offers at least five products for commercial establishments. One most interesting product is titled "Totally Free Business Savings". As the name indicates, there is no minimum balance requirement. Also it requires just 25$ to open an account of this type."Business Money Market" is another product where rates are attractive and are dependent of monthly balance. However there is no restrictions on the monthly balance. Also no initial balance is required to open an account.

ING Direct offers online business savings accounts at attractive APY of 1.00%. All the accounts are FDIC insured. Also tehre are no service charges or monthly fees.