In this low-interest rate environment, finding a safe place to grow your savings can be difficult.
Most traditional brick-and-mortar banks offer an extremely paltry rate for their savings account customers. And short-term CDs aren't that much better.
High yield savings accounts, often found at less-traditional,online-only financial institutions, can be a way to increase your earning rate without sacrificing safety.
Check out our post "High Yield Savings Accounts to Grow and Protect Your Money" to learn more about these accounts.
And then check out our High Yield Savings Accounts page where we list a few accounts that may be of interest to those seeking a slightly higher yield on their savings.
The list is by no means exhaustive of available accounts.
Which is where this discussion page comes in.
Let us know your experiences with High Yield Savings Accounts in general, and individual accounts in particular. Whether they're listed on our High Yield Savings Accounts page or not.
Obviously, more return can be achieved through other types of investments - stocks and bonds for example - but those come with more risk.
This forum is for the discussion of the safer, more straight forward savings vehicles that are best for shorter-term savings, not longer-term investments.
What accounts have you had success with?
In this low-interest rate environment, finding a safe place to grow your savings can be difficult.
Most traditional brick-and-mortar banks offer an extremely paltry rate for their savings account customers. And short-term CDs aren't that much better.
High yield savings accounts, often found at less-traditional,online-only financial institutions, can be a way to increase your earning rate without sacrificing safety.
Check out our post "High Yield Savings Accounts to Grow and Protect Your Money" to learn more about these accounts.
And then check out our High Yield Savings Accounts page where we list a few accounts that may be of interest to those seeking a slightly higher yield on their savings.
The list is by no means exhaustive of available accounts.
Which is where this discussion page comes in.
Let us know your experiences with High Yield Savings Accounts in general, and individual accounts in particular. Whether they're listed on our High Yield Savings Accounts page or not.
Obviously, more return can be achieved through other types of investments - stocks and bonds for example - but those come with more risk.
This forum is for the discussion of the safer, more straight forward savings vehicles that are best for shorter-term savings, not longer-term investments.
What accounts have you had success with?