Savings accounts are a terrible place to put your savings.
If you have anything more than a couple thousand dollars, you can put it in a mutual fund and see several percent return on average, versus the fraction of the percent you can get from a savings account.
In certain situations savings accounts can be advantageous—They are very low-risk and the money is immediately available. But for a long-term investment, almost anything is better than a savings account.
Ally savings account is 1%. It's where I keep my emergency fund now. Once I built up my emergency fund I stopped putting money into it, however, but it's nice to see some noticeable interest gains every month vs. the pennies I would see with my Chase savings acct.
I'm currently getting ~3% on my savings account which is pulling in about $200 AUD a month.
That said, I am in the process of putting some of that in to a index fund (Vanguard).
But I hope to double it with a better investment strategy.
-- edit --
I just looked at my depot and it seems like I made about 4€ last month. Well, guess retirement is near :)