When high-yield online savings accounts came along, the appeal of standard savings accounts offered by brick-and-mortar banks came crumbling down. Traditional banks simply couldn’t compete with the ...
High-yield savings accounts earn significantly higher interest rates than traditional savings accounts — currently up to 4% APY compared to the national average of around 0.60% APY. These accounts ...
Savers are still in a strong spot this September. Many high-yield savings accounts (HYSAs) are offering 4.00% APY or more -- far better than the minimal interest most big banks provide. An HYSA gives ...