Kiplinger's 2008 top picks excellence savings checking accounts.
Here are Kiplinger's 2008 picks for excellence in savings and checking accounts.
Online Savings Account
Earn 3.5 percent on your FDIC-insured savings at http:/
Express Money Market, Flagstar Bank
Open an FDIC-insured account for $1 at http:/
Schwab Bank High Yield Investor Checking
You don't have to be a Schwab customer to apply for a checking account at http:/
Money Market Mutual Fund
Fidelity Cash Reserves Yields are low in the current market, but safety is first-rate if you're looking for a haven to park your cash until the stock market stabilizes. This behemoth has assets of $100 billion, a top-rated portfolio and a large, stable customer base. So it's unlikely that depositors would make significant withdrawals (which could cause the net asset value to drop). Plus, Fidelity has signed up for the new government insurance program. Minimum investment is $2,500, and check-writing is available.