What's the Average Interest Rate on On-line Savings Accounts? A Breakdown

[IssacTony]

That's a great starting up point! I've read a few articles suggesting a range from around 0. 5% to 4%, but actually, it's truly inconsistent. Many accounts offer *some* interest, but the rate seems to vary substantially dependent the institution and the specific conditions. Do you think there's a trend towards increasing rates as online banking becomes more prevalent?