Some of the offers on this site are from companies who are advertising clients of Personal Finance Insider (for a full list see ). We may receive compensation when you click on such partner offers. Advertising considerations may impact where offers appear on the site but do not affect any editorial decisions, such as which products we write about and how we evaluate them.
- A high-yield savings account is a good place to store savings you'll need in the near future, like for an emergency fund or down payment on a home.
- Each of the accounts on this list is free of monthly maintenance fees, insured by the FDIC, and appropriate for modest and super savers alike.
- Note that the annual percentage yield (APY) on a high-yield savings account is variable.
- So while it's smart to look at interest rates when comparing high-yield savings accounts, it's not the be-all and end-all.