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Where the national average is 0.45% at a traditional bank, yields at digital banks range from 0.5% up to 5% or more for high-yield savings and money market accounts. You won’t pay high fees.
Find the best high-yield savings accounts to make ... As a cash management account, it provides an attractive 4.00% APY while offering a debit card that makes it easy for me to pay for everyday ...
Think of a high-yield savings account as a supercharged version of your traditional savings. These accounts offer significantly higher interest on your deposits, helping your money to grow faster ...
Here’s a great way to think about high-yield savings accounts: They’re different from regular savings accounts in the same way that sports cars perform better than regular sedans.
Dig deeper: High-yield accounts vs. traditional savings account: Why it’s worth the switch Earn up to 4.14% APY on balances of $1,000 and more $0 monthly maintenance fee
A savings account — especially a high-yield account — might be better if you prefer easy access to your cash, plan to make regular deposits or want to take advantage of rising interest rates.
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