Key takeawaysThe best high-yield savings accounts typically offer significantly higher APYs than traditional savings accounts ...

Don't deposit $10,000 into either account type before calculating the interest-earning potential. Here's what to know.

If you think you'll need access to your money, a high-yield savings account could be a better fit. Most CDs impose a penalty ...

For a limited time, the SoFi Checking and Savings account comes with a temporary APY boost for new customers. See why this is ...

High-yield savings accounts have been a go-to choice for savers over the past few years, offering a safe place to stash cash while still earning meaningful interest. But with econo ...

Choose a high-yield savings account When it comes to earning as much interest as possible, high-yield savings accounts are the clear winner. They may offer rates up to 11 times higher than regular ...

Will Savings Rates Go Up or Down in 2025? The Federal Reserve voted to hold interest rates steady at 4.25% to 4.50% at its June 18 policy meeting, extending its wait-and-see approach as it ...

Credit scores directly affect debt consolidation rates and the cost of consolidating debt. Evaluate your credit score and ...

Saven Financial High Interest Savings Account: 2.80%: Scotiabank MomentumPlus Savings Account: Up to 4.90% for the first 3 months (Regular rate of 0.55%) Simplii Financial High Interest Savings ...

Interest accrued on a high-yield savings account is taxed as ordinary income. You must report the interest on your tax return for any account that earned more than $10 in one year.