Internet investments at interest daily. How Interest Rates Work on Savings Accounts
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8 Low-Risk Investments With High Returns
Here is a list of our partners. Margarette Burnette January 1, Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page.
However, this does not influence our evaluations. Our opinions are our own. The best high-yield savings accounts help you grow your money faster than standard accounts.
Summary of Best High-Yield Online Savings Accounts of January 2021
The products featured on this page have annual percentage yields, or APYs, of around 0. That is many times more than the national average of 0. Most online banks, credit unions and nonbank providers often apps that partner with a bank for FDIC insurance have slashed their rates in response to the Federal Reserve's emergency rate cuts.
But the high-interest savings accounts detailed below continue to offer some of the strongest yields available. These accounts can help you boost your emergency fund.
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NerdWallet did extensive, independent research on dozens of financial institutions to identify the best options. While we mainly looked at savings interest rates, fees and minimum deposit requirements, we also internet investments at interest daily whether the providers offer great digital tools.
Check the bottom of the page for more information about how these financial products work.