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Best high-yield savings accounts

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Putting your cash in a high-yield savings account with an APY of up to 5% is a smart money move.
The article from Fortune discusses the benefits and features of high-yield savings accounts, which offer significantly higher interest rates compared to traditional savings accounts. It highlights that as of the latest update, the top high-yield savings accounts are offering annual percentage yields (APYs) well above the national average, with some accounts providing rates over 5%. The article lists several leading financial institutions, such as Ally Bank, Marcus by Goldman Sachs, and Discover, that provide these competitive rates. It also emphasizes the importance of considering factors like minimum balance requirements, ease of access, and additional fees when choosing an account. The piece advises readers to take advantage of these accounts to grow their savings more effectively, especially in a rising interest rate environment.

Read the Full Fortune Article at:
[ https://fortune.com/article/best-high-yield-savings-accounts/ ]