Wells Fargo offers two different savings accounts: the basic Way2Save®Savings and the elevated Platinum Savings. Select chose Way2Save as the better savings account option because it has a lower minimum daily balance requirement in order to avoid the monthly service fee ($5 per month for Way...
Savings Accounts vs. Money Market Accounts You’ve probably never heard about a Money Market account (MMA) before. Most people already have a good idea of what a traditional Savings account is. Both are very similar and most banks will offer both types of accounts. Here’s a summary of ke...
EverBank, Performance Savings – 5.05% APY Required opening deposit: Any amount Minimum balance requirement: Any amount Monthly fee: None ATM card available: No Mobile check deposit: Yes Checking accounts available: Yes CDs available: Yes Overview: EverBank, the Fortune 500 employee retirement pla...
The high-yield savings account rates offered by the brick and mortar banks is quite less compared to what high-yield savings accounts offer. On average, the annual percentage yield or APY offered by the brick-and-mortar bank savings account is about 0.07%; whereas, the APY of your high-int...
Openbank, High-Yield Savings Account – 4.75% APY* Required opening deposit:$500 Minimum balance requirement:Any amount Monthly fee:None ATM card available:No Mobile check deposit:No Checking accounts available:No CDs available:No Overview:Openbank is an online and mobile affiliate of Santander Ban...
CIT Bank is known for offering multiple savings accounts. CIT Bank’s Platinum Savings account earns the highest yield on balances of $5,000 or more, while the Savings Connect account can be opened with just $100. These accounts don't charge a monthly maintenance fee. CIT Bank also has mo...
No monthly fees Offers business checking account and ATM access Transfer limit Only offers a business checking account Mobile deposits on app only available for business accounts View More Who's this for? Newtek Bank Personal High Yield Savings allows you to earn one of the highest savings returns...
for their kids to grow their savings passively. Compared to other savings accounts, it's a frontrunner thanks to its high rate and the lack of fee and monthly transaction limit. But there's a $100 opening deposit, and while you can't deposit physical cash, you can deposit checks ...
Just make sure you can keep enough in your savings account to avoid monthly fees. Most online savings accounts don't charge these, but many traditional accounts do. What monthly fees do savings accounts usually have? The best savings accounts typically don’t charge monthly fees. You ...
account can be a key step in making your money work for you. To determine our Best Savings Accounts, we look for factors beyond just interest rates that can make or break the right account, including minimum balance to earn interest, transaction limitations and monthly fees.See our full ...