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10 best savings accounts that you should know about

Most people are risk-averse when it comes to investing money. They opt for the safest option available: a savings account. However, choosing this option without conducting thorough market research is not the best idea. So, one can compare the benefits different banks offer and decide based on one’s needs and preferences. Also, people should choose an avenue that pays higher interest for them to make the most of their investment.

Salem Five
This bank offers a savings account which is known for the best yield, which is available at a rate of 2.05% APY.

Customers Bank
The savings account from this bank is also acclaimed for a high yield, which stands at 2.03% APY.

Northpointe Bank
The savings account offered by the bank is one of the 10 best savings accounts due to the high yield rate of 1.95% APY, which has made it ideal for savers. You can also open a savings account online.

Utah First Federal Credit Union
This savings account from this credit union is ideal for credit union customers and it offers a yield of 2% APY.

CIBC Bank USA
This bank offers a savings account with a competitive yield, which stands at 1.90% APY.

Citizens Access
With a 2% APY, the savings account from Citizen Access is one of the 10 best savings account based on the yield.

Radius Bank
The savings account offered by Radius Bank offers a yield of 1.86% APY.

PurePoint Financial
With an APY of 1.90%, the savings account offered by PurePoint Financial is known for a high yield and you can easily access the account across different devices.

Incredible Bank
The savings account offered by this bank has a high yield of 1.88% and has no monthly maintenance fees as well. This is one of the many reasons consumers prefer this savings account from Incredible Bank.

Popular Direct
Popular Direct is also a well-known bank that offers savings account has a high yield of 1.88% APY.

If you are seeking a high yield from your account, you may compare the best accounts based on the APY and choose the one with the highest yield. If you are seeking convenience and no maintenance fees, you can explore a little more for the banks that offer the same. There are endless options for you to choose from. You may base the decision on how easy it is to withdraw or deposit funds, or on how much will your money grow over a period of time.

Disclaimer:

The information available on this website is a compilation of research, available data, expert advice, and statistics. However, the information in the articles may vary depending on what specific individuals or financial institutions will have to offer. The information on the website may not remain relevant due to changing financial scenarios; and so, we would like to inform readers that we are not accountable for varying opinions or inaccuracies. The ideas and suggestions covered on the website are solely those of the website teams, and it is recommended that advice from a financial professional be considered before making any decisions.

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