in total savings Opening a high-yield Online Savings Account couldn’t be simpler Give us a few basics (like address and Social Security Number), and we’ll get the ball rolling. Make a deposit now or come back and do it later. Whatever works for you. ...
In addition to a high APY, the best high-yield savings accounts don’t charge fees and have low minimum deposit requirements. The accounts on this list are Bankrate’s highest-rated savings accounts from FDIC banks or NCUA credit unions. Read more ...
The best high-yield savings accounts have annual percentage yields, or APYs, that are many times higher than the average rate. Today's best rates include Axos Bank savings (4.66% APY), My Banking Direct savings (4.40%), and more. These rates are much better than the national average for...
A high-yield savings account is a bank account that earns a higher-than-average return. The average savings account pays only a small yield.
In addition to a high APY, the best high-yield savings accounts don’t charge fees and have low minimum deposit requirements. The accounts on this list are Bankrate’s highest-rated savings accounts from FDIC banks or NCUA credit unions. Read more ...
Interest rate:Some accounts offer higher yields than others, which means a more significant return on your savings. Remember, however, that interest rates fluctuate over time. Deposit requirements:As with other savings accounts, many high-yield savings accounts require a minimum deposit, which could...
2The Annual Percentage Yield (APY) as advertised is accurate as of 5/9/2025. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened. 3For purposes of transferring funds to or from an external bank, business days are...
Our Picks Of The Best High Yield Savings Accounts Here's a quick breakdown of the best savings accounts for your money right now. We sort our list by the highest interest rate first - no gimmicks! Note:Annual percentage yields (APYs) shownare as ofApril29,2025. The College Investor's te...
Here are some of the most important benefits of having a high-yield savings account. Higher returns As the name implies, high-yield savings accounts give you a higher rate of return on your deposits. Because this interestcompounds daily or weekly, you don't have to start with much to build...
Here are three primary reasons why high-yield savings accounts are safe to keep your money in. FDIC Insurance Before you put your money in any type of deposit account with a bank, confirm that your account is insured by the Federal Deposit Insurance Corporation (FDIC). ...