What is the best high yield savings Account? We will be taking a look at the top performers in this category. What each bank has to offer with their high yield saving accounts.
No MInimum Balance
4% APY
No account fees and no service charges
FDIC Protection
No MInimum Balance
3.90% APY
No account fees and no service charges
FDIC Protection
Minimum Balance $5000 for APY
4.50% APY
No account fees and no service charges
FDIC Protection
Minimum Balance $0.01
4.25% APY
No account fees and no service charges
FDIC Protection
Minimum Balance $1
3.85% APY
No account fees and no service charges
FDIC Protection
Building an Emergency Fund
People don’t talk about emergency funds enough. To have financial peace is a great goal. An emergency fund is another layer to reach financial peace. Instead of life events putting you back into debt you are able to cash flow the event and stay out of debt. With an emergency fund sitting around quite a while, parking your money in a high yield savings account is a great option.