After I opened my first high-yield savings account, I loved it so much I opened 10 more
I use each high-yield savings account for a different goal, like a vacation to Ireland, a kitchen renovation, or future car repairs.
Open a high-yield savings account to earn more interest on your money
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%.
Why I Won't Move My Money Out of My High-Yield Savings Account, No Matter How Far Rates Drop
Savings account interest rates will continue to fall, but these accounts have their upsides too. Here's why I'm holding onto mine.
Savings, CD and Checking Account Interest Rates Today: Earn up to 5.30% APY
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.
Here's why using a savings account for a down payment on a house is a smart money move
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.
Today's Best Savings Accounts Pay Up to 5.50%—Almost a 20-Year High
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.
Savings Rates Are Falling: Here's Why You Should Still Open a High-Yield Savings Account
Banks are gearing up for a huge interest rate drop on savings accounts. Learn why it's still important to open one.
It's Easy to Earn at Least 5.00% With Today's 14 Best Savings Accounts
The best savings accounts on the market pay 5% or better—offering the highest rates available in over two decades. Start earning a great return today, before rates fall.
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9 savings accounts that pay 5% APY or higher (updated weekly)
Digital Federal Credit Union (DCU) offers a high-yield savings account with the highest APY on our list at 6.17%. The catch: this only applies to balances up to $1,000; balances above $1,000 earn ...
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Savings account interest rate history
It’s even possible to earn more than a 5.00% annual percentage yield (APY) on a high-yield savings account. To get a sense of how long this period of high savings rates may last, it can be ...
You Can Earn 5.50% With the Best Savings Account or CD—But One Locks It In for 8 Months
You currently have two great options to earn 5.50% on your cash in the bank. But one is likely to be fleeting, while the ...
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Will Health Squared members get their medical savings back?
It is still unclear if members of Health Squared Medical Scheme, which was placed in final liquidation in February 2023, will ...
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Which savings strategy works for you?
Discover ways to make saving money a habit, including various account options. Learn how to budget and save for future needs.
The Savings Game: Mistakes to avoid with health savings accounts
Health savings accounts have many advantages, but you could expose yourself to potential penalties if you are not careful.
Openbank Savings Account Review 2024: A Competitive Choice?
Is Openbank's high-yield savings account worth it? Find out its rates, fees, features, and how it compares to other online ...