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.
However, checking accounts of this nature usually require you to hold a significant balance and use a debit card frequently. Note A high-yield savings account has a variable interest rate that can change over time. It also allows you to withdraw money when you need it. Your bank may have...
TAB Bank, High Yield Savings Bank – 5.27% APY Required opening deposit:$0 Minimum balance requirement:Any amount Monthly fee:None ATM card:No Mobile check deposit:Yes Checking accounts available:Yes CDs available:Yes Overview:Established in 1998 with a sole location in Ogden, Utah, TAB Bank of...
Like high-yield savings accounts,money market accountsare interest-bearing deposit accounts insured by the FDIC. They also allow easy access to funds — sometimes your bank will send you a set of checks when you open one of these accounts. However, they often offer lower interest rates than h...
I have had an Axos Rewards Checking for almost a year, a High Yield Savings accounts for a little over a year now, and I recently opened an Invest account a few months ago. I couldn’t be happier! Customer service has been great. I have not had a single problem with my accounts lik...
All of those features, plus its sign-on bonus — which only 10% of the savings accounts we reviewed offer — propel it to one of the top spots for HYSAs. Our First-Hand Experience Opening a Discover High-Yield Savings Account Discover Bank Promotions/Perks ...
1. How does a high-yield savings account work? A high-yield savings account offers higher interest rates than traditional savings accounts. Generally, a high-yield savings account will have around a 5% interest rate. The bank will pay you interest off the money you deposit into the account....
Also, if your preference is online banking, then a high-yield savings bank account is the one for you. Many financial institutions that offer high-yield savings accounts are online-only. When you bank online, you can often get lower rates because there are no overhead fees (which brick-and...
If you don't plan to deposit that amount, however, the bank also offers other savings accounts with yields that are better than 0.25% APY. But the top rates on those accounts aren't has high as the Platinum Savings rate. Keep in mind there are high-yield accounts at other banks that ...
Interest rates on high-yield savings accounts are variable and can change at any time — a bank may advertise a certain APY when you apply, but it likely won't last forever. Limited growth While you can grow your money with a high-yield savings account, it's not the best way to gener...