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Where Can I Open a Savings Account Online?

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    Wells Fargo

    • Doing business since 1852, Wells Fargo provides a wide array of products and services that include savings accounts and Certificates of Deposits (CDs). Wells Fargo's savings account options include Goal Savings, Money Market Savings and High Yield Savings. Each account type is designed with the customer in mind. Goal Savings and Money Market Savings accounts require no minimum balance and a $100 deposit. The High Yield Savings account requires a minimum balance of $25,000. It also requires a $25,000 opening deposit and a Wells Fargo checking account, which can also be initiated online.

    Citibank

    • Citibank provides it products and services to more than 200 million customers in more than 100 countries. Citibank offers several savings account options that include the Ultimate Savings Account with no monthly fee and a $100 deposit, the Ultimate Money Account that requires a Citibank checking account and a $100 deposit and the Citibank Savings Plus Account, which requires a $100 deposit and provides a premium rate with a linked checking account in the Citigold Account Package. Additionally, Citibank offers the Citibank Premier Money Market Account, the e-Savings Account and the Day-to-Day Savings Account. Each account offers a competitive annual percentage yield.

    Bank of America

    • With more than 220 years of experience, Bank of America provides several aggressive options for savings account holders. Bank of America offers the Growth Money Market Savings plan with a tiered interest rate and no monthly maintenance fee when the account is linked to a Tiered Interest Checking account or when the account maintains a minimum balance of $5,000. The Regular Savings plan is Bank of America's most popular plan, providing no monthly maintenance fee with a $300 minimum daily balance or when you automatically transfer a minimum of $25 from your Bank of America checking account each month. Bank of America also provides high yield CD and risk free CD options with flexible interest rates and options.

    U.S. Bancorp

    • Providing a wide array of savings plan options, U.S. Bancorp has established itself as the sixth largest commercial bank in the United States. Its savings account options include the Standard Savings, Goal Savings, Just US Kids Savings, Teen Savings and various money market and CD options. Each savings account type requires a $25 minimum opening deposit and free ATM transactions at U.S. Bank ATMs.

    Chase

    • Operating in more than 60 countries, Chase provides four savings options targeted to meet the needs of every customer. The Chase Savings account, Money Market Savings account and Chase Plus Savings account all offer free ATM transactions at more than 14,000 locations, free online statement email alerts, an automatic savings program and interest-bearing options. The Chase Retirement Money Market Account is structured to meet the needs of a future retirement and also offers the free automatic savings program and interest bearing options.

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