A savings account can help you organize money according to your needs and goals. It’s a great way to separate your spending money from your savings for emergencies or other reasons while receiving higher interest than other bank accounts.
When selecting a savings account, look for one with the highest yield and consider the introductory rates, minimum balances, and accessibility of your money and account information.
Compare some of the best savings accounts below.
This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.
This savings builder account is unique where you need to deposit $100 a month to get the highest APY. If you don't deposit $100+ a month, then you need to maintain $25,000 in the account.
If you don't do either, you won't receive the higher end APY. It's best to go by depositing $100 a month because you will have accumulated a significant balance in a few years without realizing it.
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