Which U.S. Bank Savings Accounts Have the Highest Interest Rates?

With the cost of living constantly increasing, it can seem difficult to put away money in the form of savings.  However, if you are able to open a savings account, then one of the most important things to do is research your local banks and choose one that provides a high interest rate on your savings account. 

If you are going to work hard and put money away, then make sure that the money is working for you by earning the best interest possible.  While interest rates will fluctuate from day to day and with each week, there are certain banks that are known for offering high savings rates.  Here are some of the banks with the best savings accounts:

1. Nationwide Bank.  Located out of Columbus, Ohio, this bank has gained a reputation for offering high rates on both savings and money market accounts.

2. Ally.  Situated out of Midvale, Utah, this bank is known for savings accounts, money market accounts, and even auto financing.

3. Aurora.  Located in New York, New York, this bank is a Federal Savings Bank, offering consistently high interest rates.

4. Discover Bank.  Located out of New Castle, Delaware, this local bank provides high savings rates that seem to be consistent, no matter the fluctuations of the economy.

5. OneWest Bank.  Situated in Pasadena, California, this is another local bank providing high interest rates.

When you need to choose from banks for your savings account, make sure you choose one that provides a high interest rate so that you can make your money bring in more cash for you, instead of just sitting in your account.