High interest savings accounts?

I would like to deposit $5,000 into a high interest rate savings account and every august for 4 years, I will be adding an additional $10,000. I would also like to add small amounts over the 4 year period of time. After 4-5 years I plan to withdraw the money to buy a house. without interest the money totals $45,000. Based on a 3% interest rate, the account will hold approximately $130,000 after a 5 year period of time. What banks offer savings accounts such as the one I am looking for. (3% interest rate or higher, and the ability to add money at any period of time). Please provide the bank name, the interest rate percentage, and if possible a web link or phone number for the bank. Thank you|||I'm sorry to inform you that your plan is a bust. Bankrate.com


on a savings account only offers less than 1.5% If you can go


fo0r a 5 year CD, you can get a 2,5% rate.


If your of a young age like under 40, try to invest into a mutual


fund for better rates, but it involves some risk and over 5 years


there is a chance to lose money.|||You also need to consider the effects on tax on the interest that you earn. Not sure what your tax rate is, but it will have an affect on the total amount you will have at the end of the 5 years.

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|||No one is offering a 3% savings account right now. You would be VERY lucky to find anything over 1.25% these days. Also, you math is WAYYYYYY off. 3% interest will NOT triple your money in 4-5 years. Please slap whoever taught you how to calculate interest income. Putting $45,000 all in on day 1 at 3% interest gives you only about $52,000 after 5 years!!! Not sure where on Earth you pulled that figure from! LOL|||Good luck with your high yielding 0.08% interest rate.|||You might as well ask for 16%, and a Ferrari instead of a toaster.