One of the simplest ways to get your money working harder for you is to open a high yield online savings account. We use Emigrant Direct and ING Direct because I have read many good things about both banks in online forums, and have been very happy thus far. These banks are FDIC-insured and pay a much higher interest rate that your typical brick and mortar bank.
If you would like to receive $25 for opening a high yield ING Direct savings account, send me an email and I will forward a referral link to you.
Full disclosure:
- You have to fund the account with an initial deposit of at least $250.
- I will get a $10 thank you bonus for referring you.
- To qualify for the $25, you must use the link in the email.