BEST High Yield Savings Accounts of 2024

Рет қаралды 5,140

Ай бұрын

Discover the top 7 High Yield Savings Accounts for 2024 in this comprehensive breakdown! In today's financial landscape, finding the right savings account can make all the difference in maximizing your returns. Join us as we explore the best options available, considering interest rates, fees, accessibility, and more. Whether you're saving for a rainy day, a big purchase, or long-term goals, these accounts offer competitive yields and valuable features to help grow your money. Stay ahead of the curve and make informed financial decisions with our guide to the best High Yield Savings Accounts of 2024

Пікірлер: 27

@jaylenlenear3944 19 күн бұрын

You didn't have to mislead with the thumbnail of 6% you could have just talked about all being over 4.5

@priscillajoy7873 Ай бұрын

Love it I'm with usaa hopefully that's good enough

@AndresDoes Ай бұрын

How do you use the interest to purchase stuff with? Looking to open a high yield savings account

@daniel.sparks Ай бұрын

So each month, the interest that you have from your savings account is going to be deposited into your savings account. So if you want to use this to purchase stuff, you just pull out the money from your savings account and put it into your checking account.

@AndresDoes Ай бұрын

@@daniel.sparks I see, I use Wells Fargo So I could transfer it over to cover my credit card bill ? (Excluding the high yield savings account that doesn’t do wire transfers)

@DanielGennaro 22 күн бұрын

Used to have discovered high yield and it dropped awhile back. Was stacking money. Had 20k back in the day but life happens and had to use it

@daniel.sparks 22 күн бұрын

That’s sucks, you’ll get it back just keep grinding

@Zoneread24 17 күн бұрын

Good video, question: if I put 20k in my high yields account, and 5 percent of that is 1000. Will I get 1000 per month or is it just for the whole year? lol thx

@daniel.sparks 17 күн бұрын

That’s the whole year

@bradbrowne4987 Ай бұрын

any thoughts on M1 high yield cash account? 5% apy FDIC insured as well

@daniel.sparks Ай бұрын

They look very solid! They insure $5 million which is really really good! They’ve only been around since 2015 so they aren’t as established as some of the other banks but still a solid option.

@bradbrowne4987 Ай бұрын

@@daniel.sparks cool. I use them as my investment account so it will be easy for me to have my savings/investments/roth ira all on 1 platform

@brendasmith4220 Ай бұрын

what about hard pulls for these

@daniel.sparks Ай бұрын

As far as I know non of them do, I think that CIT bank might.

@octonoozle Ай бұрын

I don't make enough money at McDonalds to satisfy Sofi's minimum deposit requirement for the higher rate.

@daniel.sparks Ай бұрын

There is no minimum direct deposit amount to receive 4.60% APY. The Deposit is only to meet the sign up bonus but you can open up the savings account for free.

@octonoozle Ай бұрын

@@daniel.sparks oh okay! I will get it

@devonchambers5225 2 күн бұрын

Misleading Thumbnail for no reason

@Mario95133 Ай бұрын

4.6 inches😭😭😭😭😭😭😭

@Arponare Ай бұрын

I noticed that too. 😭

@johnl9135 21 күн бұрын

The part I hate about all these HYSA is the stupid rules they have like Sofi. If you really want customers why put all the stupid restrictions on it? Why do they care if the money coming from the employers or your own money you have saved up? Poop! I will never sign up with those kind of banks and their stupid rules. I am using Primis bank at 5.07% over a year now with no stupid rules and restrictions.

@daniel.sparks 20 күн бұрын

Banks often implement rules and restrictions on high-yield savings accounts to maintain profitability. While these restrictions can be frustrating, they're often in place to protect the bank. It's great that you've found a bank like Primis that offers a competitive rate without burdensome rules.