Which high interest on line savings acct is best (not CDs)?

Question

I am tired of getting 3% or less on the 85K I have in a local bank. I would like to switch to one of the many high interest savings accounts I see advertised, but I'm not sure which is best.

What are your experiences with high interest online banks?

We are also looking for a house, which may take as long as a year to get, but we need the money available should the right one suddenly come up. So a CD is not ideal for us.

Answer 1

ing direct orange savings accnt seems to be working pretty well for me- i have some student loan money sitting in it now and all u have to do to get ur money is basically write urself a check n notify them- its pretty easily accessible so you wont have to worry about being stuck without ur money should a house or other expense come up- hope this helps

Answer 2

Check out http://www.bankaround.com for some of the higher savings interest rates.

Since you have under 100k, you should be safe with any FDIC bank.

Some of the more known banks offering high rates are:

Capital One Bank and Countrywide Bank