High Interest Investment

Which banks are good for savings accounts?

I would like to open another savings account but I wanted to see which banks offer a savings account where you can only deposit money until a set time. Like, you cant touch the money for a year or something? Is that possible? If so, where?

Public Comments

1. Usually banks advertise this as a Christmas fund where you can deposit money all year and only withdraw about a month before Christmas. I think most banks have one of these accounts but, try the most prominant first like Wells Fargo and Washington Mutual. I know TCF used to offer this service as well.
2. Go to your local Credit Union. They can help you. They are safe and they are the biggest. Even bigger than B of A and all the others.
3. Bank of America has a keep the change program in which you can literally keep the change from every purchase you made from your debit card. So, I think that is the best.
4. Dutch bank ING Direct - offers some (relatively) high interest savings account.. they cut costs by offering minimal storefronts and have "branches" worlwide: Canada, US, Germany, France, Australia, UK.. http://home.ingdirect.com/ what you are referring to insofar as "untouchable" money is a GIC account (Guaranteed Investment Certificate) in Canada or a "Certificate of Deposit" in the States - essentially a term deposit that locks you in for a period of time - in exchange for higher interest dividends.. essentially a term deposit.
5. HSBC and Citi Bank both have on-line savings accounts which offer a pretty good return and you only have to keep the money in the account for 3 months. Then you can start making withdrawals. If you want something that you cannot touch for a year, then you can talk to different banks on getting a CD.