BankShout tracks annual percentage yields for online savings and money market accounts among U.S. national and Internet banks; rates are current as of Tuesday, April 19, 2010.

In a change of pace, banks this week either raised savings account yields or held rates steady. Rather than cutting annual percentage yields (APY) as they have on certificates of deposit, financial institutions largely held pat on yields for savings and money market products, perhaps hoping to draw customers disillusioned with CDs.

Both Discover Bank and Capital One Direct Banking are offering APYs of 1.35% for online savings accounts. Discover requires a minimum balance of $500 for its best yield, a deal that remains unchanged from earlier in April. Capital One boosted its APY from 1.23% to 1.35% on deposits of at least $2500, plus a “bonus” of up to 10% on interest earned.

Nationwide Bank’s money market savings yield was held steady at 1.30% APY for $1000 minimum deposit. American Express Bank, FSB, is also advertising 1.30% APY with no minimum balance for its online savings account. The glut of banks at 1.30% APY also includes Dollar Savings Direct ($1000 minimum deposit), Colorado Federal Savings Bank ($2500 minimum) and newdominionDirect.com ($3000 minimum). Ally Bank also held steady at 1.29% for its no-minimum deposit online savings account.