<prompt> Human: I currently have a checking account with Bank of America. I was looking to open a saving accounts so that I can put away a part of my salary bi-weekly. However, Bank of Americas interest rate is abysmal.This article shows that Synchrony Bank currently offers a high-yield savings account with an interest rate of 1.75, no minimum deposit and ATM access.It seems like a great alternative. I realize that I wont be able to transfer money from that account to my checking account instantly. They do offer an ATM service so I can withdraw money in an emergency. Theres no fee for either depositing money into the account or making an online transfer to my checking account.Would you recommend this account?  <response>: Online bank accounts in general are recommended because of lowno fees and high interest. There is rarely a situation where you need to transfer money from your savings instantly, even most emergencies can stand to wait the day or two it takes to transfer money from savings, or be paid with a credit card and that can be paid off from savings. 