I want to open a bank account for vacation purposes. What is the best account/best bank to do so? I already have a savings and checking account but I want to have an additional account that adds interest to the amount and if necessary I'll add money biweekly.
Go with an online bank like ING Direct. You will have full access to your money, can transfer directly between that account and you present saving account, and you will earn interest at (currently) 4.5%
When looking for saving accounts/CDs, make sure the funds are FDIC insured - there are many online banks, but not all are insured.http://home.ingdirect.com/
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