It's hard to go wrong with high-yield savings accounts, but there are a few things you should know. Read on to find out which moves to avoid.

As the name implies, a high-yield savings account is a savings account with a significantly higher interest rate than a standard savings account — with some high-yield accounts offering rates up to 20 to 25 times the national average, which the FDIC currently puts at a meager 0.05%.

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, and CD accounts to help you maximize your earnings.

Savings account interest rates will continue to fall, but these accounts have their upsides too. Here's why I'm holding onto mine.

Saving money for a down payment is a challenging step toward homeownership. Thankfully, a high-yield savings account can help you maximize your savings so you can reach your house down payment goal faster.

HYSAs offer higher interest with the same FDIC or NCUA protections of traditional savings, making them well worth your while.

The best savings accounts on the market pay 5% or better—offering the highest rates in two decades. Start earning a great return today, before rates fall.