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Kiplinger's has named FNBO Direct its best online savings account in its annual Best List roundup.
The magazine doesn't go deep into why it suggests FNBO as the best options, but it does offer up this:
Earn 3.5% on your FDIC-insured savings at www.fnbodirect.com. You pay just $1 to open an account with no maintenance fees and no minimum-balance requirements. You can link the account to as many as three others, including FNBO's bill-payment account. Use electronic transfers to move your funds and your ATM card to withdraw cash.
FNBO has shot on the scene in the past 18 months, launching with a 6.00% APY account and promoting a Pay Yourself First contest on YouTube.
FNBO's current rate is 3.25% APY.
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