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), OMB Bank savings (4.56%),
Marcus by Goldman Sachs High-Yield Online Savings Account offers no fees, no minimum deposit requirement and easy mobile access. It's one of the most straightforward savings accounts to use when all you want to do is grow your money with zero conditions attached. Standout benefits: Marcus ...
When choosing between certificates of deposit and savings accounts, the best choice for you depends on how long you plan to leave the money in the account. Emergency funds are better in savings; longer-term goals work for CDs.
What to Know About High-Yield Savings Accounts On the surface, savings accounts seem simple, but there are several factors that you need to pay attention to when picking a savings account: Interest rates The interest rate is one of the most important aspects of a savings account. It can be...
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 ofJune02,2025. The College Investor's tea...
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...
Founded in 1976, Elements Financial is an Indiana-based credit union that operates as a bank. It offers a range of financial services, including high-yield savings accounts to more than 112,000 users nationwide. Elements Financial is currently the fourth-largest credit union in Indiana and the ...
Marcus by Goldman Sachs, Barclays, SoFi and Capital One all have no monthly fees associated with their high-yield savings accounts. Ally Bank has a $15 expedited delivery fee, a $20 ongoing domestic wire fee and $25 per hour account research fees. ...
Opening a high-yield savings account is one of the top money tips I've been giving to my friends and family for 2025. I've been using one for years. These accounts have helped me earn thousands of dollars in higher intere...
Accounts that charge monthly fees can eat into the interest you earn. For example, say you have $5,000 in a high-yield savings account that earns 4.50% APY. That means, over the course of a year, you would earn roughly $18.75 in interest each month. But if your bank charges a $5...