Provident Direct raises the rate on the High Yield Online Savings Account to 3.75% annual percentage yield (apy) from 3.50%. The High Yield Online Savings Account is an online-only account that is free from monthly fees and requires a hi~~~~i know this is is probably a stupid question, but i have to get it out of my system.~~~~here in australia, vg's diversified bond fund has a before tax 1 yr return of 6.35%. internet based high interest bank accounts return between Savings Accaunt bankbank.com 3.75% APY Savings Accaunt at Provident Direct Home