iGObanking.com, is offering 0.25% APY on high-yield online savings account for an opening balance of $1. There is no minimum balance requirement to hold this account or earn the specified interest. The bank does not charge additional fees on the account.
This account does not come with check writing privilege. However, the bank offers 0.25% APY on checking accounts through which you can pay all bills online and gain access to cash quite easily.