No. of Recommendations: 4
* I'll be displaying these as APYs since those are most directly comparable, even though you can only earn the stated APY on money you deposit and leave alone for a year. If you transact, there's less time for interest to compound on itself and thus the amount you earn is lower.
* "MinBal" refers to the balance you must maintain in that account to avoid fees. It does not refer to the minimum initial deposit. With some accounts this number is compared to your average daily balance; with others this number is compared to your minimum daily balance.
* "Savings" refers to the better of MMA or savings account.
* Limited to:
--- accounts where all information is disclosed on a public website
--- accounts available to the general public (no age or geographic restrictions)
--- accounts where is possible to avoid all fees by keeping a minimum balance in the account
--- accounts where that minimum balance is $10,000 or less (I will only list a $10,000-minimum account if all accounts with lower minimums have 1% APY or less)
* Teaser rates are marked with an asterisk.
* If two accounts have very similar rates (within 0.10 percentage points), I choose the one with the lower minimum.
* All numbers taken from bank web sites, today. I believe these rates to be accurate, however please check them yourself -- I am human and I make mistakes!
* Account terms and conditions may vary greatly (billpay, ATM rebates, checkwriting privileges).

Bank Checking MinBal Savings MinBal
Amex 0.65% 2500@ 3.05% 5000 banking.americanexpress.com
BankDirect 1.25% 2500 1.25% 100 www.bankdirect.com
BankOfInternet 0.50% 1 2.15%# 1 www.bofi.com
CharterOne 3.25%* 2500 2.01% 10000 www.charterone.com
Discover not offered 1.53% 5000 www.discoverfinancial.com
E-tradeBank 1.41% 5000 2.05% 1000 www.etradebank.com
FirstIB 2.05% 500 2.55% 4000 www.firstib.com
Hooch 1.77% 1500 2.03% 100 www.bankthehooch.com
IndyMac 1.25% 1000 2.75% 1000 www.indymacbank.com
ING not offered 3.00% 1 www.ingdirect.com
Legacy not published 2.75% 10000 www.legacybank.com
Nat'lInterB 1.20% 1500 3.01% 200 www.nationalinterbank.com
NetBank 1.51% 1 2.75% 250 www.netbank.com
Nexity 1.25% 500 3.00% 1000 www.nexity.com
PCBanker 2.80%^ 1000 2.40% 1000 www.pcbanker.com
State Farm 1.61% 2500 2.63% 1 www.statefarm.com/bank/bank.htm
Stonebridge 2.50% 100 3.00% 1 www.stonebridgebank.com
Umbrella 2.85% 5000 3.00% 100 www.umbrellabank.com
Zions 1.76% 2500 3.05% 1000 www.zionsbank.com

@ Amex will also waive the monthly fee if you maintain a combined $5000 balance.
# Bank of Internet savings - only for accounts below $50,000.
^ PCBanker Checking - only for accounts below $10,000.
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