Most people who have extra cash just let it burn in standard savings accounts tied to their daily bank. Using banks like Bank of America, Wells Fargo and Chase are ok for checking purposes, but in my opinion this money is being wasted when it comes to savings. Why settle for .10% interest when in 5 minutes you can setup an online savings account with one of the top savings banks. You will have access to your savings in a day or two by transfer. As well as have the ability to write a check. Here are some of the top savings/money market online banks I recommend.
Ally Bank : Currently they offer 1.00% on money market and 2.1% on there online savings.
Discover Bank : Currently they offer 1.85% on their online savings account.
The bottom line is find an online bank that offers 10-20 times the interest rate as your current brick and mortar bank and set it up in 5 minutes and link the two to start saving more.
For the latest top rates the best site to use is BankRate