Could your savings earn more in a high-yield account?
31 January 2023
Getting motivated to save money can be tough, and many financial institutions don’t do much to encourage you. At the typical American bank, if you deposited $10,000 in a savings account, you might earn as little as $1 in interest a year. That’s quite a paltry reward!
However, with something called a high-yield savings account, you could be earning as much as $300 or more a year on that same $10,000 balance. Read on to learn about high-yield bank products and how they could benefit you.
