<prompt> Human: After reading several sources on the subject, Im about to embark on saving 10 of my income. For personal reasons, I do not want this account at my regular bank. Id like to establish an online savings account and wanted to know if you guys can recommend one and if you can explain to me how easydifficult it will be to access the funds in event of emergency?Id like to collect some interest, not have a lot of fees obviously, and I wont have a lot to start out. Some of our paychecks are very small and we wont have a big initial deposit nor am I entirely certain that the money will remain untouched forever so minimum balances are scary to me unless they are very small. And if one of you says only 5,000 min balance, just know I will laugh heartily at your definition of small and then cry a little, because small to me has one fewer zero attached to it. Thanks!!EDITUPDATE: So far, Ally is the front runner. I know that credit unions are more valuable to society than big banks, but I cant deal with the inconvenience. I bank with one for some other stuff, so theres that.Ive read about Barclay bank and heard that it has the best interest for low amounts right now, so its a contender.Im super curious about AMEX savings accounts and wonder if anyone has one?  <response>: Almost every bank is going to have a free savings account with no fees or minimum balance. It will earn lousy interest, but even the best savings accounts earn lousy interest. I wouldnt even consider interest as part of the decision.I suggest you find a credit union with a reasonably good website and use that.EDIT: Interest example1000 at 00.1 continuously compounded for 1 year 1 interest1000 at 01.0 ten times higher! continuously compounded for 1 year 10.5 interestInterest is so small for savings accounts that its not really worth considering IMO. 