Here at Smart Savings 101 we are always looking for the best high interest savings accounts.  Well today we have a good one to share with you.  The Century Bank Direct Savings Account currently has a 3.41% interest rate.

This Century Bank Direct offers lots of great online banking products.  When you go to open an account at Century Bank Direct you will notice that they have made it extremely easy to open an online savings account with them.   Their focus on their E-Z sign up process gives a great first impression.  To me when looking for an online savings account, next to finding the highest interest rates, I look for website usability and customer service.  I am impressed with Century Bank Direct on both of these.

The Century Bank Direct savings accounts are also FDIC insured.  I always want to make sure my savings will be protected by the FDIC insurance program.  Savings accounts should be no risk investments.

Century Bank Direct started out as a brick and mortar bank in Kentucky.  It still operates these locations, but also now focuses on online banking.  When looking to open its online banking business, it decided to focus on six main things.

• Their savings account is FDIC secure.
• It is very easy to open a savings account.
• They offer a free checking account that pays interest.  This interest paying Century Bank Direct checking account is a great option to combine with the Century Bank Direct savings account.
• They offer high yield cds.
• They have high yield money market accounts.

As you can see, Century Bank Direct is a full service online bank.  If you are looking for a high interest savings account, you can’t go wrong with checking out a Century Bank Direct savings account.