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1. Yahoo Personal Finance

   The best high-yield savings accounts for March 2024

   If you’re considering opening a high-yield savings account, here's how to find the best savings account interest rates.

   Feb 29, 2024

2. Top Stories

   • CBS News

     Is a $5,000 deposit into a high-yield savings account worth it?

     Unlike traditional savings accounts that only currently offer a 0.45% average annual return, today's high-yield savings accounts can pay interest in excess of 5% annually. If you have $5,000 ...

     26 minutes ago

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     AOL

     How to find and open a high-yield savings account

     5 hours ago

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     CNET

     Best Savings Rates Today -- Act Now to Maximize Your Interest Earnings, May 23, 2024

     4 hours ago

   • USA Today

     Today's top savings account rate roundup: Top rates remain mostly steady — May 23, 2024

     7 hours ago

   • AOL

     Savings interest rates today: Earning 0.5% APY on your savings? You're leaving money on the table — May 23, 2024

     6 hours ago

   • CNN.com

     The highest savings account rates today - May 20, 2024

     3 days ago

   • The Motley Fool via Yahoo

     This Underrated Savings Account With 5% APY Deserves a Closer Look

     4 hours ago

   • The Motley Fool via Yahoo

     This Is How Much Money You Could Make With $5K in a High-Yield Savings Account

     6 days ago

   • USA Today

     Today's top money market account rate roundup: Earn up to 5.12% — May 23, 2024

     6 hours ago

   • AOL

     Best CD rates today: Squirrel away more money with CDs offering 5% APY and up — May 23, 2024

     6 hours ago

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3. People also ask

   What is a high yield savings account?

   • High-yield savings account. High-yield savings accounts offer much higher annual percentage yields than traditional saving accounts, sometimes 10 times greater than the national average interest rate. Savings account. A savings account safely holds your funds at a financial institution and earns interest.

   Best High-Yield Savings Accounts - May 2024 | US News Money

   www.usnews.com/banking/high-yield-savings-accounts

   See all results for this question

   What is a high-yield savings account?

   • High-yield savings accounts can help you grow your savings faster than traditional savings accounts. The best high-yield savings rates currently range from 4.50% APY to 5.35% APY—far higher than the national average savings account rate of 0.46%, according to the Federal Deposit Insurance Corporation (FDIC).

   Best High-Yield Savings Accounts For May 2024 - Forbes

   www.forbes.com/advisor/banking/savings/best-high-yield-savings-accounts/

   See all results for this question

   Are high-yield savings accounts a good investment?

   • High-yield savings accounts can be a great place to put money that you’re saving and want to earn a competitive APY on, but you aren’t sure on the time horizon for the money. Bankrate’s top high-yield savings offers pay much higher APYs than the national average yield of 0.58 percent. The APYs listed below were last updated between 5/8 and 5/14.

   Best high-yield savings accounts for May 2024 - Bankrate

   www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/

   See all results for this question

   How do I choose a high-yield savings account?

   • Be sure to confirm the bank is insured by the FDIC, so your money is protected. The best high-yield savings accounts, typically offered by online banks, have high APYs, low account minimums, no fees and robust mobile banking platforms. When you're looking for a high-yield savings account, it doesn't pay to settle.

   Best High-Yield Savings Accounts - May 2024 | US News Money

   www.usnews.com/banking/high-yield-savings-accounts

   See all results for this question

4. www.forbes.com › best-high-yield-savings-accountsBest High-Yield Savings Accounts For May 2024 - Forbes

   www.forbes.com › best-high-yield-savings-accounts

   • Cached

   2 days ago · LendingClub High-Yield Savings Account: 5.00% APY; Varo Savings Account: 3.00% to 5.00% APY; Laurel Road High Yield Savings®: 5.15% APY; Quontic Bank High Yield Savings: 4.50% APY

5. www.bankrate.com › banking › savingsBest high-yield savings accounts for May 2024 - Bankrate

   www.bankrate.com › banking › savings

   • Cached

   3 days ago · Overview. BrioDirect offers a High-Yield Savings account that offers a competitive yield that requires $5,000 to open. Read Bankrate's Expert BrioDirect Review. 5.35% APY. $5,000 min....

   • What should I do if I am unable to open a high-yield savings account?

     If you’re unsuccessful in opening a new account, you can ask the bank why this happened. Depending on the answer, you might want to go to ChexSyste...
   • How often do savings rates change?

     Competitive banks and credit unions have a tendency to adjust their interest rates based on the Federal Reserve’s rate moves. Unlike CD rates, whic...
   • How often can I take money out of a high-yield savings account?

     Most banks limit the number of times you can withdraw money from a savings account. Check with your bank to see its policy so that you’re not charg...
   • Do you pay taxes on interest earned in a high-yield savings account?

     The IRS specifically says that interest earned on bank accounts is taxable interest. Interest is usually taxed as ordinary income. All interest inc...
   • Why are most high-yield savings accounts online?

     The best high-interest savings accounts are usually found online. The best online banks tend to offer the most competitive yields on their accounts...

6. www.nerdwallet.com › best › bankingBest High-Yield Online Savings Accounts of May 2024

   www.nerdwallet.com › best › banking

   • Cached

   2 days ago · UFB Secure Savings: Best for High-Yield Online Savings Accounts, 5.25% APY; Capital One 360 Performance Savings™: Best for High-Yield Online Savings Accounts, 4.25% APY

7. Videos

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     youtube.com

     7 BEST High Yield Savings Accounts of 2024

     Jan 4, 2024

     278.9K Views

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     1:02

     youtube.com

     What to know about high-yield savings accounts

     Feb 19, 2024

     11.7K Views

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     10:49

     youtube.com

     Current BEST High Yield Savings Accounts of 2024

     Apr 24, 2024

     54K Views

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8. www.cnbc.com › select › best-high-yield-savings-accountsBest High-Yield Savings Accounts Of June 2024 - CNBC

   www.cnbc.com › select › best-high-yield-savings-accounts

   • Cached

   3 days ago · Best for earning a high APY: Western Alliance Bank High-Yield Savings Account. Best for account features: LendingClub® High-Yield Savings. Best for no minimum deposit: Newtek Bank...

9. www.fool.com › the-ascent › banks10 Best High-Yield Savings Accounts (5.36%) of May 2024

   www.fool.com › the-ascent › banks

   • Cached

   May 6, 2024 · A high-yield savings account (HYSA) is a great place to put your savings. It's safe to deposit up to $250,000 at FDIC-insured banks, like the ones below. Check out our recommendations for...

10. www.investopedia.com › best-high-yield-Best High-Yield Savings Accounts for May 2024—Up to 5.55%

    www.investopedia.com › best-high-yield-

    • Cached

    2 days ago · The best high-yield savings account rate from a nationally available institution is 5.55% APY, available from My Banking Direct. That's more than 12 times the FDIC's national average for...

11. www.usnews.com › banking › high-yield-savings-accountsBest High-Yield Savings Accounts - May 2024 | US News Money

    www.usnews.com › banking › high-yield-savings-accounts

    • Cached

    May 14, 2024 · Top High-Yield Savings Accounts. Capital One. Member FDIC. 4.9. U.S. News Rating. APY. 4.25% Min. Balance to Earn APY. $0. Learn More From Our Partner. More Details. UFB Secure Savings....

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