6. American Express High-Yield Savings Account
Requirements: No minimum balance.
What to know: No monthly fees, and customers can link their account to existing accounts at other banks.
You can often find even better deals at local banks and credit unions.
And while checking accounts generally pay much lower interest -- if any at all -- a new company has created a checking account brand called Kasasa, which is available at many community banks and credit unions and pays interest as high as 4% on its accounts.
The Pelican State Credit Union's Kasasa Cash account, for example, pays a 4.01% APY to customers who make at least 15 transactions per month, have at least one direct deposit or automatic payment, use online banking and receive e-statements. But credit union membership is only available to residents of Rapides Parish, La., and employees of select Louisiana-based businesses.
"It's important for people to shop around even in a low-rate environment," said McBride. "There's still a vast difference in what you'll find."
Correction: An earlier version of this story incorrectly stated the interest that would be earned on a savings account of $10,000.