High yield savings account what is

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High-yield savings accounts, also called bank or credit union, you can open a high-rate account.

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Erik hart	When choosing the best savings account for you, you'll want to check the rules of the account, such as whether it limits the number of withdrawals you can make in a month, and if you'll be assessed a monthly maintenance fee. High-yield savings accounts defined. Read our rigorous editorial guidelines and the banking methodology to learn more about the ratings below. Its earns a 5. Investment returns are typically shown at an annual rate of return. By Sarah Brodsky. Money Market.

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What Is A High-Yield Savings Account? - 2021 Bank Account To Open
The best high-yield savings account offer more than 10x the national average interest rate. Here are today's best accounts and highest rates. A high-yield savings account is. A high-yield savings account (HYSA) is a savings account that pays a higher interest rate than traditional savings accounts. Here's what you should know.