Look to online-only banks to find the best high-interest savings accounts. Top High-Yield Savings Accounts Synchrony Bank High Yield Savings Member FDIC View Disclosure 5.0 U.S. News Rating APY 4.30% Min. Balance to Earn APY $0 Learn MoreFrom Our PartnerMore Details SoFi Checking and Savings...
Check out NerdWallet's picks for best online banks Why choose a high-yield savings account? With a high-yield savings account, also known as a high-interest savings account, your balance can grow faster over time than it would in an average savings account. This is without additional effort...
Investopedia collects savings account rates from over 100 banks and credit unions every weekday. When ranking high-yield savings account rates, we look at factors that will help readers choose the best savings account, like minimum opening deposit. We also research banks and credit unions to provi...
and they have a high yield savings account with an 4.25% APY. The minimum deposit to open is only $1 and there are no monthly maintenance fees. It’s an online bank so there are no branches to visit but they have online access. ...
High Yield Savings - 4.75% APY Click Here to Learn More APY: 4.75% Monthly Fee: $0 Minimum Deposit to Open: $0 Balance Requirement: $0How are these online savings accounts able to offer higher interest rates?Online banks don't have physical locations, which means they save a lot on ...
To find the best high interest rate for you, browse Bankrate's list of the best high-yield savings accounts from federally insured, highly rated institutions.
Times have changed. There are now several banks offering high-yield savings accounts withrates in the 4.5-5.5% range. An online high-yield savings account can earn you a better return on your money, and help you avoid most fees. If you still need a brick-and-mortar bank, consider keeping...
SoFi’s account is also fee-freelike 60% of the banks we reviewed,offers Zelle,doesn’t limit the number of withdrawals you can make and has some great free budgeting tools. Our First-Hand Experience Opening a SoFi High-Yield Savings Account ...
Without either a direct deposit or the minimum manual deposit, you’ll earn 1.20% APY on your savings balance. Some banks that offer high-yield savings accounts don’t offer checking accounts, so you have to look elsewhere to meet your checking needs. But SoFi combines both, and the ...
All the top high-yield savings accounts offer rates higher than these, and it’s not even close. Even better, just like traditional banks,they’re all FDIC (or NCUA) insured. That means up to $250,000 of your money is insured at each bank through the full faith and credit of the U...