For those of you chasing a safe haven for your spare cash that at least gives you a little return – FDIC-insured online savings accounts continue to offer considerably better rates than the local bank, though rates have been going down lately. Here is a run-down of some of the better rates in the country as of yesterday:

Zion Bank – 1.92%
Capital One (use the Costco version and get the bonus) – 1.75%
ING – 1.65%
HSBC – 1.55%
Emigrant Savings – 1.55%

Zions is a new one on my list.  I just opened an account so don’t know about the ease of use yet. Etrade fell completely out of my list as the lowered their rate to .65. Also, consider the Charles Schwab Bank.  The brokerage giant also has a bank that offers good returns on savings – 1.75% – as well as a full suite of banking services.  This week they also made accounts available for family trusts.  I love Schwab’s website and their smooth integration to Quicken, so I found this to be great news.  They also have a decent credit card.