Mar 5, 2020 The FDIC recently listed the average savings account interest rate as 0.9 percent. That number includes traditional savings accounts and high 

The Best High-Interest Savings Accounts of 2020 High-Yield Savings Accounts of March 2020. Disclosure: We are committed to recommending the best products for our readers. We may receive compensation when you click on links to products, but this never affects our reviews or recommendations. The interest rates on high-yield savings accounts can be 20 to 25 times higher than what traditional savings accounts offer. Compare the best interest rates on savings accounts in the country and find the right place to stash your cash. One of the best ways to turn your savings into more savings is through a high-yield savings account at an online bank with a high annual percentage yield (APY). Over the last few years Simply put, a high-yield savings account—sometimes called a high-interest savings account—is a bank account that often has a higher interest rate or annual percentage yield (APY) than a traditional savings account. 2 When checking out your high-yield savings account options, think about looking into what other added benefits it may offer, such as a low minimum balance and no fees.

Best savings accounts & rates of March 2020. Highest Rate: HSBC Direct - 1.85% APY. Highest Rate: Vio Bank - 1.85% APY. High Rate: Popular Direct - 1.80% APY. High Rate: CIT Bank - 1.75% APY. High Rate: American Express National Bank - 1.70% APY. High Rate: FNBO Direct - 1.70% APY. High Rate: Marcus

Sep 16, 2019 Citizens Financial Group has lowered the rate on its high-yield Citizens Access savings account twice since launching it in July. Photo: Scott  If you want to trust the name of a big bank like Barclays but want a competitive rate for savings, this is a  Feb 6, 2019 High-yield savings accounts offer higher interest rates than traditional savings accounts. High-yield savings accounts are good options for  Jun 14, 2019 Best High-Yield Savings Account Rates Today. If an online bank sounds like the ideal place to put your savings, there are lots of options.

Best High Yield Savings Accounts – up to 5% APY. Here’s a list of the best high interest savings accounts. Get up to 5% APY with a rewards account or up to 2.5% on a basic account. We don’t receive any sort of commission for any of these, and ALL banks are included in this list.

The best high yield online savings accounts provide high interest rates that are 1.47% greater than traditional banks. See our top picks for March 2020.

Jan 23, 2020 A high-yield savings account is an interest-earning account at a bank or credit union that offers a higher interest rate on deposits than you'd get 

USAA Performance First Savings Account. This account has higher interest rates for those with a head start on saving. Open With $10,000 or More. View Rates  If the return on your money is your top priority, choose UFB High Yield Savings.1 It's our highest-yielding savings account. Earn up to 1.70% APY* on balances of  View today's great rates on our full lineup of bank accounts. 1-year intro rate available on interest checking and money market accounts. Also offering a high  Their savings account has one of the highest interest rates, no maintenance fees, American Express® Personal Savings is their high yield savings product. Oct 1, 2013 The average savings account has a measly 0.06% APY (annual percentage yield , or interest), and many of the nation's biggest banks pay rates  with competitive savings account interest rates With our high yield Online Savings account, you'll earn more on your balance than the average American saver 

Jun 14, 2019 Best High-Yield Savings Account Rates Today. If an online bank sounds like the ideal place to put your savings, there are lots of options.

With that said, interest rates for high-yield savings accounts are often on par (or higher) with money market accounts. Money market accounts often are attached to debit cards and checks but are limited to six outgoing transactions per statement cycle, just like savings accounts. Savings accounts are most often used for general savings, and they’re a much better choice than keeping all of your money in a checking account. A high-yield savings account lets your money grow by earning a strong interest rate. Still, it’s always best to keep a financial cushion in your checking account, to cover expenses and avoid Best savings accounts & rates of March 2020. Highest Rate: HSBC Direct - 1.85% APY. Highest Rate: Vio Bank - 1.85% APY. High Rate: Popular Direct - 1.80% APY. High Rate: CIT Bank - 1.75% APY. High Rate: American Express National Bank - 1.70% APY. High Rate: FNBO Direct - 1.70% APY. High Rate: Marcus

Key Takeaways. The interest rates on high-yield savings accounts can be 20 to 25 times higher than what traditional savings accounts offer. You may  The best high yield online savings accounts provide high interest rates that are 1.47% greater than traditional banks. See our top picks for March 2020. 6 days ago The best high-yield savings account deliver a lot more interest than the credit unions offer savings accounts with respectable interest rates  Jan 15, 2020 So while it's smart to look at interest rates when comparing high-yield savings accounts, it's not the be-all and end-all. Below you'll find our picks  Best Basic Savings Rates. Leaving money in a regular bank account will usually get you a terrible interest