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If you already have a bank account, link it to another online account as an easy way to get more money with higher interest. Keeping your savings in an online Money Market Account (MMA) can earn you up to six times more interest than a regular savings account.
Money Market accounts:
Transfer money from your bank account to an online account automatically. Using the bank’s website, you can easily set up an automatic transfer between these accounts to put your savings plan on auto-pilot. Adding $25, $75, or more each month can add a huge amount over time to your savings accounts.
Savings accounts is what banks need these days, with the economic crisis everybody needs cash and banks offer interest.