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WTDirect has one of the best savings accounts for large balances in the U.S. The bank’s savings rate is 1.76% annual percentage yield (APY).  WTDirect is a unit of Wilmington Trust, a 105-year-old bank. Details of the savings offer include:

• No minimum deposit required to open account
• Account must be opened online
• Depositing money by check, transferring funds, or wiring money
• Deposits can be held for several days
• FDIC-insured up to $250,000 per depositor

The highest savings rate of 1.76% will be earned during the first 60 days your account is open, regardless of the balance. After 60 days savings rates are in two tiers. To get the best rate on a savings account after 60 days you need a minimum balance of $10,000. Accounts with a balances below $10,000 earn a lower interest rate, which is currently 0.15% APY. Interest rates are variable so they can change at any time. Interest is compounded daily and credited to savings accounts once a month.

Money in savings can be withdrawn or transferred to another account six times each month. The minimum amount that can be deposited or transferred is $1, and the maximum withdrawal or transfer amount at one time is $250,000. But the maximum that can be deposited or withdrawn during each calendar month is $500,000.

Are you looking for the best savings accounts for people who don’t have a lot of cash to start saving? Bank of Internet has some of the best savings accounts in terms of annual percentage yields (APY) offered.  You need a minimum of $100 to open an account but there is no minimum monthly balance required to to get the best savings rates.

Bank of Internet’s Advantage Savings Account has a savings rate of 2.02% APY. Other features include:

• No monthly fees
• Up to three bill payments each month
• ATM card available
• A five-year archive of online statements

The bank’s High Yield Savings rate is 1.75% APY. It also has:

• Interest compounded on a daily basis
• No minimum daily balance required
• FDIC insured up to $250,000 per depositor
• ATM card available

Savings rates can change at anytime so it’s important to contact the bank before applying to get the most current rates. Interest is calculated using the average daily balance method. The average balance is determined by adding up the amount of the principal for each day of the statement period, then dividing the total by the number of days in the statement period. There also are no fees for ATM withdrawals or balance inquiries at any ATM. However, you may have to pay ATM fees required by other banks.

Umbrella Bank has one of the best CD rates this week. The Internet unit of New South Federal Savings Bank has a 12-month CD with an annual percentage yield (APY) of 2.15%. Other CD rates as of Aug. 7, are:

• 3 months for 1% APY
• 6 months for 1.5% APY
• 9 months for 1.6% APY
• 18 months for 2.05% APY
• 24 months for 2.25% APY
• 30 months for 2.2% APY
• 3 years for 2.5% APY
• 4 years for 2.75% APY
• 5 years for 2.92% APY

To receive those CD rates you’ll have to deposit a minimum of $1,000. But interest rates can change at any time, so the rate is determined the day Umbrella Bank receives the funds for the account, not the day you submit the application. Also, certain fees and withdrawals of interest could reduce the amount of overall interest earned on an account. Interest to an account will be posted monthly or quarterly depending upon the anniversary of when it was funded. Interest can also be transferred to an Umbrella checking, savings, or money market account.

In addition to one of the best CD rates, an Umbrella Bank CD will be FDIC insured for up to to $250,000 per depositor. A paper certificate will be mailed to you after the account has been activated. You’ll also have 24 hour access to your account online.

Zion Bank has Internet money market accounts with one of the best rates in the country this week. The bank is offering money market rates of 1.46% annual percentage rate (APY) for a minimum deposit of $1,000.  To receive the APY, money market accounts must have a balance of at least $2,500. Money market interest rates are compounded daily and paid monthly.Other details of the offer include:

• Variable interest rate
• Unlimited withdrawals in person, by ATM, by mail, or by messenger
• A maximum of six transfers during each 30 day cycle by telephone, Internet, pre-authorized transfer, or automatic transfer
• $5 fee for withdrawals at a teller window
• No monthly maintenance fees
• Nationwide network of surcharge-free ATMS

Customers who open Zions Bank money market accounts also have check-writing privileges. However, you will be restricted to three check transactions per month. You can also make three free telephone transfers per month, but more than that will result in a fee of $3 per transfer.

Zions Bank has been in business since 1873 and is one of the oldest banks in the western part of the U.S. Money market accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per account holder.