Tired of earning next to nothing in your savings accounts? Me too.
Still, we have to save our money somewhere, right?
If you’re looking for the best spot to stash your savings, emergency fund, or vacation fund, consider using a high-yield savings account.
The best online savings accounts can provide exceptionally higher rates and much lower fees compared to those at traditional banks. Just take a look at these measly savings account rates from some of the most popular traditional banks:
- U.S. Bank – 0.05% APY
- Bank of America – 0.03% APY
- Chase – 0.01% APY
- PNC – 0.01% APY
- Wells Fargo – 0.01% APY
Yuck!
All the top high-yield savings accounts offer rates higher than these, and it’s not even close. Even better, just like traditional banks, they’re all FDIC (or NCUA) insured. That means up to $250,000 of your money is insured at each bank through the full faith and credit of the U.S. government.
We’ve created a list of the best high-yield savings accounts, and we update many of the rates daily! So, what are the best online savings accounts right now? Let’s take a look.
Full list found here: https://clubthrifty.com/best-high-yield-savings-accounts/