At the November FOMC meeting, the Fed recently cut interest rates again, which means that rates on savings accounts might drop in the coming weeks. High-yield savings accounts are still very ...

A high-yield savings account is a federally insured account to store your cash that will earn an annual percentage yield several times higher than the average savings account. Oftentimes ...

Generally, people use checking accounts for everyday expenses and savings accounts to build up emergency funds and savings goals. This is because checking accounts offer easier access to funds ...

Select will update as changes are made public. When you start looking into opening a savings account at a new bank, there are endless options to choose from. For those who like familiarity ...

CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

Our quick take: The SoFi Checking and Savings* account offers a convenient way to manage your finances with no monthly fees and a competitive APY of up to 4.20% on savings. The checking & savings ...

Today, the national average interest rate for savings accounts is just 0.45%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many banks and ...

Jacqueline DeMarco is a writer who specializes in financial topics. Her first job out of college was in the financial industry and it was there she gained a passion for helping others understand ...

Our ratings are calculated based on fees, rates, rewards and other category-specific attributes. All ratings are determined solely by our editorial team. You won’t have to worry about any ...

It’s even possible to earn more than a 5.00% annual percentage yield on a high-yield savings account. To get a sense of how long this period of high savings rates may last, it can be useful to ...

Being strategic about where you put your money can give your savings a boost and help you meet your goals sooner. So, if you’re earning a low interest rate on your money, consider putting it in ...