My Banking Direct, a New York Community Bancorp subsidiary, offered the highest rate on... Okay, we’ve talked about the upsides to high-yield savings at online banks. Now, the downsides....
Account Name, APYs (Annual Percentage Yields) are accurate as of 11/20/2024 ; LendingClub LevelUp Savings Account, up to 5.00%* ; Valley Direct Savings Promo, 4.80% (for new customers only) ; BrioDirect High-Yield Savings Account, 4.85% ; Barclays Tiered Savings, up to 4.80%** ; CIT Bank Platinum Savings, 4.55% (with $5,000 minimum balance)*** ; Western Alliance Bank High-Yield Savings Premier, 4.46%**** ; SoFi Checking and Savings (Member FDIC), up to 4.20%***** ; American Express® High Yield Savings Account, 4.00% (as of 10/24/24)
Sponsored offers ; American Express National Bank savings account ; Openbank savings account ; Marcus by Goldman Sachs savings account ; Promoted offer: It only takes about 5 minutes to open a fee-free account. Promoted offer: No monthly maintenance fee, $0 to open, easily grow your money ; Western Alliance Bank savings account ; Barclays savings account ; BMO Alto savings account ; Promoted offer: 0 Monthly Acct Fees. No Balance Cap to Earn APY. Peak Bank savings account
My Banking Direct High-Yield Savings ; APY* · 4.85% ; Min. deposit · $500 ; Min. balance to earn APY · $1 ; Monthly fee · $0
Link accounts and add money · Link your checking or savings accounts at other banks and transfer money into your Marcus savings account. You’ll start earning interest the day your transfer is initiated. Open an Account ; Transfer your money when you need it · Transferring money back to your checking account is easy: Same-day transfers are available and you can schedule transfers online, in the Marcus app or by phone. Open an Account
APY : 4.85%, Fee : $0, Minimum deposit to open : $0
Synchrony Bank High Yield Savings ; SoFi Checking and Savings ; Capital One - 360 Performance Savings ; CIT Bank - Platinum Savings ; Bask Interest Savings Account ; Barclays Tiered Savings ; CloudBank 24/7 High Yield Savings Account ; Laurel Road High Yield Savings ; Discover Online Savings Account ; PNC Bank High Yield Savings
A high-yield savings account could be the best choice. A high-yield savings account is a type... Online banks and credit unions can offer the highest rates and lowest fees because they have...
A high yield savings account to help reach financial goals with a 4.15% Annual Percentage Yield & no minimum balance or service fees. Apply online today!
Key takeaways ; A high-yield savings account can offer a significantly higher interest rate compared to a traditional savings account. It’s important to compare annual percentage yields (APYs) and features when choosing a high-yield savings account. A high-yield savings account with an FDIC-insured bank means your money is safe (within federal guidelines) if the bank fails and in the current rate environment means your money is likely outpacing inflation.