Ask Terry Questions online savings account

online savings account

By Terry Savage on December 19, 2021 | Chicken Money

Hi Terry.
I listen to you on WGN every Wednesday on the 12 noon business hour.
My question is what online bank pays the best interest on savings accounts?
I currently have over $26k in a credit union money market account that only pays
.20%.

Terry Says

Well, you won’t do very much better than that. And if you take a week to transfer the money to an online bank, then you could lose all the interest edge.
But here’s a link to the page on Bankrate.com that gives weekly best money market deposit rates.

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