AmTrust Bank is currently offering 6.00% APY for 118 days on its Gold Savings Account. Unfortunately, this is only available to Arizona residents. To access this rate, you need to first click on the Gold Savings Account banner on the front page, and then enter an Arizona zip code. You should be redirected to this page.

The minimum deposit to open and earn the 6% is $500, and the maximum deposit is $100K. After the 118 days, the rate falls to 3.50% APY. This offer is available through July 31, 2007.

Amtrust Direct is FDIC insured for the standard $100,000. High yield savings accounts such as this one are a great way to maintain liquidity, allowing you to withdraw your money as needed while still earning a high return.