All of the 10 highest yielding savings accounts in August 2024 promise rates well above 5% annual percentage yield, with four reaching, and even surpassing 6%. Although rates are higher today than they have been in decades, Bankrate Chief Financial Analyst ...

When it comes to building your financial cushion, where you park your money matters almost as much as the amount you put away in your savings account. The problem many savers encounter, though, is that traditional savings accounts at major banks typically ...

Having a savings account as a teenager can help young people get into the habit of saving money. Even if an account is opened with a very small amount, your teen’s money can grow as they add funds over time and earn compound interest. What’s more ...

Although the average national deposit rate for savings accounts is stuck at just 0.40%, some banks and credit unions are boasting high-yield saving accounts paying far, far more. (You can see some of the highest-paying savings accounts here, from our ...