G'day to everyone,
Does anyone use the High income return on an investment Savings accounts online? I wonder if they are safe to try to place some of my funds into for safekeeping and to earn a small return as well. .

Thnx

There are several good ones. Here is a link you might want to look at.
Money Market High Yield ( MMA ) and Savings Account Rates

Yes bankrate.com is a great place to check deposit rates. Although I do have to admit, working for a bank, that a lot of times we may offer an unadvertised promotion on a CD or Money Market Savings acct and it won't show on bankrate if that is the case. I'd always check some of your local banks as well to see if they're offering anything special.

No sense in locking into a $10,000 CD at 2-3% when you can get MM @ 4%+ and remain liquid with no minimum values required. Your money is not even keeping up with inflation in the CD. To get better than 2-3% on CD's, today you have to lock for 6-10 years or have many tens of thousands to lock. Long term I think there will be better options if your money is free to roam.

I like capital One myself

I like ING myself. Have both a checking and savings with them and no issues so far. I also keep a brick and mortar bank account as well incase somethings comes up and need money quick. It's also easier to deposit funds and then I just transfer to my ING.

yeah but it depends how much u invest?

Why would it matter how much you invest? You will earn a higher interest rate without all the fees and minimum balances most all banks have.

Currently ING checking is offering:

$0-$49,999.99 1.74 %
$50,000.00-$99,999.99 3.25 %
$100,000.00 or more 3.45 %

Savings:

3%

Both are better then most any standard checking or savings account, again, with no minimum balance or fees. You can even have a ATM/debit card just like any other bank, with many ATMs. There are other online banks that may offer slightly better rates but rates will change all the time. It would be a waste of time and trouble to chase rates for a few extra points, in my option. Only down fall I don't care for is, you have to have direct deposit or mail in deposits. But, to avoid that, I have a brick and mortar bank I make deposits to, then just transfer funds between accounts.

These types of accounts are perfect for emergency funds or other things you might need to stay liquid for but want to collect a few extra bucks. Every penny counts.

I use INGDirect and EmigrantDirect. I have quite a bit of money with both and feel totally comfortable. They are FDIC insured. I saw an interesting article today about AmericaNet Bank paying 5.25% APY for a checking account. You can beat that. See article here: money-cake[dot]com/2009/02/americanet-bank-offering-525-apy-for-checking-account/

wow this is good information. I'm definitely gonna look into it!!