Republic Bank – 5.21% APY money market (minimum $2,500)(nationwide except IL, IN, WI, MI).First Foundation – 5.25% APY money market.UFB – 5.25% APY savings account (see this comment and this).
Here are the best options available, rated in APY from highest to lowest: These are all ordinary savings accounts with no hoops to jump through, and they are FDIC/NCUA insured up to $250,000 ( please verify insured status for yourself before using a bank). With a little research, we can find accounts that offer competitive rates. Leaving money in a regular bank account will usually get you a terrible interest rate.
