High-yield savings accounts offer a faster way to grow your savings compared to traditional savings accounts. These types of accounts can be a great option if you are looking to build an emergency fund or save for other financial goals.
To determine the best high-yield savings accounts overall, WalletHub analyzed and compared over 350 savings accounts provided by both online and brick-and-mortar banks, as well as some of the largest credit unions. We discovered that although most online banks do not have physical branches, they frequently offer superior benefits such as higher APYs, lower fees, and better overall perks than national brick-and-mortar banks. You can find our favorites below.
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