Best High-Yield Savings Account | August 2022
If you don't have your emergency savings in a high-yield savings account, you're probably leaving money on the table. High-interest savings accounts offer 20 to 25 times higher interest rates than regular savings accounts. SuperMoney's comparison tools can help you find the best high-yield savings account for your circumstances.
It makes no difference if you're rich or poor -- everyone needs to have an emergency fund. The best way of storing your money for future use is by putting it in a high-yield savings account. You can usually get higher yields than with a CD (certificate of deposit) or a money market account, and you have the peace of mind of knowing that your money is safe and easily accessible.
We reviewed the best high-yield savings accounts, and some of them offer APYs as high as 3%.