7 High-interest savings account in December
Whether you’re saving for a new car, a home renovation, or an emergency fund, having a high-interest savings account is one of the most effective ways to meet your financial goals. In this blog post, we’ll take a look at seven of the best high-interest savings accounts available in 2022 – so let’s get started!
CapitalOne360
CapitalOne360 is an online savings account that offers one of the highest rates available on the market, 0.50% APY on all balances. You don’t need to maintain a minimum balance to open an account and there are no fees associated with creating or using your account either. Furthermore, you can manage your money from anywhere using their easy-to-use mobile app – making it extremely convenient for users on the go.
Ally Bank
Ally Bank offers a robust online savings account experience, with 0.50% APY on all balances and no annual fees or minimum deposits required. Plus, their mobile banking features make it easy to keep track of your finances anytime, anywhere. Furthermore, Ally Bank has no transaction fees for domestic transfers and withdrawals, making it a great option for both US-based and international users who are looking for an efficient way to save.
USAA’s savings account
USAA Bank offers a highly competitive High Yield Savings Account with an APY of 0.50% on all balances. There are no minimum deposit requirements or fees associated with USAA’s savings account, making it a great option for those who want to start saving without having to pay any extra costs. Furthermore, USAA allows users to access their money through both online and mobile banking, so they can always keep track of their savings at a moment’s notice.
Discover Bank
Discover Bank offers an Online Savings Account with a competitive APY of 0.95%. You’ll also get 24/7 access to your savings and the ability to set up automatic transfers from your checking account, making it easy to save money without having to worry about forgetting. Furthermore, there are no minimum deposit requirements or monthly fees associated with the account, making it a great choice for anyone looking for an easy and cost-effective way to start saving.
CitizensBank
CitizensBank offers a competitive Online Savings Account with an APY of 0.50%. Account holders get access to 24/7 online and mobile banking, so they can manage their money and transfer funds whenever they need. Furthermore, there are no minimum deposit requirements or monthly fees associated with the account, making it a great way to start saving without any extra costs. Additionally, CitizensBank also provides flexible options for transferring funds from other financial institutions, helping users easily move their savings into one convenient place.
Bank of America
Bank of America offers a competitive Online Savings Account with an APY of 0.25%. Account holders can access their funds 24/7 through online and mobile banking, making it easy to manage money and schedule transfers from other financial institutions. There are no minimum deposit requirements or monthly fees associated with the account, allowing users to start saving quickly and easily. Plus, Bank of America provides extra security for customers’ accounts with a variety of fraud detection tools.
Chase’s Online Savings Account
Chase’s Online Savings Account offers an APY of 0.01%, one of the highest rates in the industry. Customers receive access to 24/7 online and mobile banking, making it easy to manage their funds and transfer money from other institutions. There are no minimum deposit requirements or monthly fees associated with this account, so users can start saving right away without any extra costs. Additionally, Chase provides extra security for customers’ accounts with advanced fraud detection tools and secure encryption technologies.