We’re all desperate to get more out of our money yet we’re so quick to settle for the meager returns of traditional savings accounts. Did you know that there is a world of high-yield possibilities that will quickly put more money in your pocket? Don’t leave money on the table – choose the right interest savings account and start growing your bank account today.
APY: up to 9.06% Minimum Balance: $1000
Webster Bank’s Market Savings account requires a minimum $1,000 investment but can potentially deliver an approximate APY between 8.96% and 9.06%. While not a traditional savings account, each account is FDIC insured. The APY is based on market fluctuations, making it a great option for those seeking higher returns without the inherent risk of direct stock market investment.
American Express Savings
APY: 4.15%, Minimum Balance: $0
Synonymous with robust financial solutions, American Express offers an impressive High Yield Savings Account that maintains a consistent competitive edge in 2023. With an attractive APY and the security of banking with a reputable institution, this savings account from American Express is a reliable choice for those seeking growth, stability, and security. The absence of minimum balance requirements or monthly fees makes it accessible to savers at all levels.
APY: 4.25% Minimum Balance: $0
Ally Bank has established itself as a prominent player in the savings landscape, consistently offering high-yield savings accounts. In 2023, they continue to dominate with their Online Savings Account, featuring a comprehensive digital platform for seamless account management and competitive interest rates. What truly sets Ally Bank apart is its unwavering dedication to customer service, providing top-notch support and guidance on savings strategies. The combination of flexibility, value, and impressive returns places Ally Bank at the forefront.
Marcus by Goldman Sachs
APY: 4.15% Minimum Balance: $0
Marcus, the digital banking extension of Goldman Sachs, presents a high-performing online savings account. The Marcus High-Yield Online Savings account exemplifies how traditional banking giants can thrive in the digital age. With no minimum deposit requirement, no fees, and a robust APY, it offers a smart choice for savers seeking a seamless blend of technological convenience and financial wisdom.
LandMark Credit Union
APY: 7.50% Minimum Balance: $0
While not as widely recognized as others on this list, LandMark Credit Union should not be underestimated. Their premium checking account consistently provides one of the best APYs in the industry, a commendable achievement for a credit union. With friendly and personalized customer service, low fees, and compelling interest rates, LandMark proves that smaller institutions can confidently stand toe-to-toe with industry giants.