INGDirect.com

The best bank accounts these days are online, according to the personal finance gurus. And ING Direct's no-fee, no-minimum deposit, federally-insured accounts are a snap to set up; it took us about eight minutes to complete the online forms, then another five to set up the security tools. (Under the privacy policy, the default setting directs ING not to share personal information with marketers—nice.) The basic Orange savings account pays 4.5% interest (better than most offers you'll find at traditional banks) and you can transfer money back and forth from any other checking account at any other bank at no charge. An ING paperless checking account also pays interest—4%—which is practically unheard for an account that requires no minimum balance. It sure beats the .8% we're getting at Citibank.