Here is an update from Savings Account Rates Info on the best high yield savings account rates currently available:

The Redneck Bank Mega Money Market Account earns an Annual Percentage Yield (APY) of 3.10 percent on amounts up to $35,000.  Yes, the name is really “Redneck Bank”, but the rates are serious business — the highest savings account interest rate that we have found — and there is no minimum deposit.

The Nexity Bank Money Market Account earns an APY of  2.51 percent.  A minimum deposit of $50,000 is required.

The Flagstar Bank Express Money Market Promo Account earns an APY of 2.39 percent.  This account only requires a minimum deposit of $1.

These are the best high interest savings accounts that we have found.  However, please be sure to check the banks’ websites to confirm the savings account rates and terms available in your area, as rates can change quickly and sometimes differ based on your location.