Depositing cash through a high-yield savings account can also involve extra steps, depending on the bank. Some banks do not let you make cash deposits on online high-yield savings accounts ...
Michael Hershfield is the founder and CEO of Accrue Savings, a company enabling leading retailers to create dedicated FDIC ... The best high-yield savings account is Capital One 360 Performance ...
Best free savings accounts Best for customer service: Discover® Online Savings Best for in-person banking: Capital One 360 Performance Savings™ Best for tracking savings: Marcus by Goldman ...
You can use your funds to pay bills, send money to friends and family and make internal and external transfers, which is less common for a savings account.
While ordinary savings accounts are useful for keeping cash available, high-interest savings accounts—meaning those with interest rates of 2.50% and higher—can help you grow your savings.