Listed below are the highest 10 interest rates nationwide for a savings account. These savings accounts only require $1 to open the account and qualify for the listed rate. Please do not consider this list a recommendation to open a savings account at any of these institutions. This is for informational purposes only. I do have online savings accounts at Emigrant Direct and ING Direct.

Flagstar Bank                                  3.55%

Shorebank                                       3.50%

Venture Bank Direct                       3.50%

GMAC Bank                                     3.25%

OnBank                                           3.15%

iGObanking.com                            3.03%

HSBC Direct                                   3.00%

FNBO Direct                                   2.80%

Emigrant Direct                             2.75%

ING Direct                                     2.50%