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Interest below high-yield savings accounts: Though cash management accounts can earn higher interest rates than traditional banks, they may fall short of those offered by high-yield savings accounts.
Wealthfront Cash Account is one of my favorite high-yield accounts since it combines the benefits of an HYSA with the flexibility of a checking account. As a cash management account, it provides ...
As of right now, many high-yield savings accounts (HYSAs) from FDIC-insured digital banks like SoFi and Upgrade are paying out annual percentage yields (APYs) of 3.80% and 4.14%, respectively. For ...
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
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.
The high-yield savings account from Ally Bank allows for up to 30 such “buckets” to which you can devote portions of your funds. APY: 4.20 percent Minimum opening deposit: $0
Account. APY. Minimum deposit. Monthly fee. Wealthfront Cash Account. 5%. $1. None. Aspiration Save Account. Aspiration: 1% on balances up to $10,000 with $500 in monthly debit card spend, with 0% ...
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
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