H &R Block Bank headquartered in Kansas City, Missouri offers a high yield savings account called Block Savings account. This money in the bank deal lets you earn an interest rate of 1.00% APY. For you to enjoy this best savings account, you need to deposit a minimum of $25 to open an account. You are also required to have an average daily balance of $100 to avoid monthly service fees.

This best savings account has the following features:

• free online banking
• unlimited deposits, including individual and payroll deposits

In addition to this, you get to refund up to $4 of ATM fees. You can also make up to 6 withdrawals per quarter. In case you exceed the set limit you will be required to pay a fee per transaction. Take note that upon opening this best savings account the interest rate may change, make sure to check with the bank for the latest savings account rates.

Consumers who want to take advantage of this high interest savings account may complete the application online. You may also contact their customer service first for questions with regard to their savings account and current interest rates thru 888-687-4722.

H & R Block Bank has been serving its customers since 2006. They currently have over $1.75 billion in declared assets. The bank is also a member of the Federal Deposit Insurance Corporation since 2006 and has a certificate number 58124.