100 best money moves
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Moves 62-64: Get good rates for your cash
Savings rates are still in the dumps -- the average yield nationwide on bank savings accounts is a minuscule 0.18%. But who says you have to settle? In addition to the deals you may find at your local brick-and-mortar bank, plenty of online outfits offer above-average yields. These three options are worth a look:
62. Discover Bank Online Savings Account
APR: 1.20%
Paying almost seven times the average rate, this is a consistent high yielder. No minimum balance required; $500 to open an account.
63. Sallie Mae Online High-Yield Savings Account
APR: 1.10%
Like Discover, Sallie Mae doesn't change its rate often or by much. You can open the account with just $1, no minimum balance.
64. Ally Bank 12-Month CD
APR: 1.24%
This CD pays more than double the 0.47% national average on one-year CDs. No minimum balance or initial deposit.
NEXT: Move 65: Follow Ken Turmin
Last updated April 28 2011: 11:32 AM ET
