[USER]

Hi everyone! I’m curious if anyone here uses or knows of a high-interest savings account that they’d recommend.

Specifically, I’d love to hear about the minimum deposit requirements and the interest rates offered.

Are there any particular accounts or banks that stand out in terms of benefits or ease of access?

Any insights or personal experiences would be greatly appreciated.

Thanks in advance!”

[Annette]

Such things vary from bank to bank or credit union and perhaps the amount to keep in the account.

Nerd Wallet can help you find the best one for you.

I have more than one high yield account at two different banks.

[Marla]

Credit karma is at 5.10%.you can get access to it in 5 business days, so it’s not locked in if you need it quickly

[Rebecca]

I use Jenious bank! My son too…opened it in May 2024..going great! 5%

[Becky]

Look up High Yield Savings Account. There are many with interst 4-5%. I use Wealthfront.

Minimum start is $1. Another is Ally.

[Heather]

I have several, but two with the highest consistent % are PayPal (thru Synchrony) and Amex.

I think I had to put $50 in to start each.

[Lesley]

I’m in South Africa. Standard Bank currently offer up to 8,9% pa on a balance over R100 000.

It has to stay there or above, and the money is available immediately if necessary.

I’ve transferred for emergencies such as a burst geyser, and replenished as soon as my insurer reimbursed me.

[Patricia]

I’ve been happy with my Capitol One dsvinhs account. Good interest and very easy access.

If any interest I would get a referral fee thus making it very frugal for me

[Author]

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