High Yield Savings Accounts are Easy Money

Why waste your time with a regular savings or checking accounts, by now you've heard of "high yield savings accounts" and some of them have no monthly fees, like the latest offering from SallieMae. 

Ask your local community bank if they offer a high-yield savings account and if they don't, you can always go with one of the big banks, like HSBC (NYSE:HBC) or a money market account with EverBank.

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Now to this week's high-yield savings account offers:

SallieMae is offering a 1.4% APY savings account, no monthly fees and no minimums, and of course FDIC insured - click to review offer>>.  SallieMae makes the process easy for setting up an account, its all online and it can be done in under 15 minutes.

Next up is HSBC, they have a no monthly fees and no minimums, FDIC insured savings account offering a 1.10% APY - click to review offer>>.

Finally there's EverBank, they have a Money Market Account with a 2.25% 3-Month Bonus Rate and 1.51% for the First-Year APY up to $50,000.  Here are the details:

* Low $1,500 initial-deposit requirement
* No-fee Online and Mobile Banking
* Up to six withdrawals per month3
* FDIC insured

Click to review EverBank's deal>>

Happy Safe investing Masters.