
August’s Top High-Yield Savings Accounts
- Savings & Checking Accounts
High-yield savings accounts (HYSAs) are the best-kept secret in the finance world. It is a type of savings account with a higher interest rate, much higher than your average bank account. For instance, $2,000 in your Bank of America account will earn you 0.01% a year, or $0.20.
By switching to a HYSA, that same $2,000 will earn you 5%, or $100! A simple switch can provide you with a whole new avenue of wealth. Your bank should be paying you for keeping your money in it. If they’re not, you need to dump them.
Here are some of today’s best HYSA accounts:
MEMBER FDIC
PROMOTED OFFER: No account fees & earn up to 300 w/ direct deposit. Terms apply.
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APY as of August 1st 4.60%
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Min. Balance for APY $0
MEMBER FDIC
PROMOTED OFFER: No account fees & no minimum deposit.
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APY as of August 1st 4.75%
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Min. Balance for APY $0
MEMBER FDIC
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APY as of August 1st 4.40%
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Min. Balance for APY $0
Interest rate and APY are subject to change at any time without notice before and after a HYSA is opened.
Click here to schedule your free consultation if you’d like to discuss your options further.
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