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Why settle for less? Earn 9x more interest with these savings accounts.

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foolmart.com

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fool@info.fool.com

Sent On

Sat, Aug 10, 2024 08:03 PM

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Most brick-and-mortar banks offer paltry interest rates. High-yield savings accounts change the game

Most brick-and-mortar banks offer paltry interest rates. High-yield savings accounts change the game. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ~/AAQRxQA~/RgRomkyPP0SeaHR0cHM6Ly93d3cuZm9vbC5jb20vdGhlLWFzY2VudC8_bGlkPXJjcnpramN1bGlmbCZtYWlsaW5nX2lkPTI5N2ZhYTgwLTVmYjktNDI3NS04NzA0LWEwYTkxMmEyZWM3MCZ1PTIwMzg3OTUwMjImdXRtX3NpdGU9dGhlYXNjZW50JnV0bV9tZWRpdW09Y3BjJnV0bV9zb3VyY2U9c29XA3NwY0IKZquPx7dmotMnAVIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQAAAH5 If you haven’t made the switch to a high-yield savings account yet, you are flat out throwing money away. Why? The APYs on savings accounts offered by traditional banks are not even in the same arena as those offered by online banks. So, instead of being stuck with paltry rates, make a change and start maximizing your savings! These [expert pick high-yield savings accounts](~/AAQRxQA~/RgRomkyPP4RHAWh0dHBzOi8vd3d3LmZvb2wuY29tL21tcy9tYXJrL3RhLWJhbmstaHlzYT9saWQ9N3ZkZWZ0c3IyN3NpJm1haWxpbmdfaWQ9Mjk3ZmFhODAtNWZiOS00Mjc1LTg3MDQtYTBhOTEyYTJlYzcwJnU9MjAzODc5NTAyMiZ1dG1fc2l0ZT10aGVhc2NlbnQmdXRtX2NhbXBhaWduPXRhLWJhbmstcmVtLXNvLWh5c2xpc3QtMDgxMDIwMjQtNS1uYS1uYSZjYW1wYWlnbl9ncm91cD1zb18wODEwMjAyNCZwdWJsaXNoZXI9c29fMDgxMDIwMjRfbmEmdXRtX21lZGl1bT1jcGMmdXRtX3NvdXJjZT1zbyZwYXJ0bmVyX3VzZXJfdWlkPTA3NGRjZTllLWJlM2EtNDgxMC1hMGYxLTA3YmI3NWRhMDA0YlcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~)turbocharge your returns. With some of the highest rates we've seen, each of them earns 9x or more than the national average APY. That's right! Your money works up to 9x harder just by resting comfortably in your account. It's simplicity and growth in one sweet package. To put it into perspective, if you're currently earning $45 per year in interest from a savings account with an average APY, [one of these high-yield accounts](~/AAQRxQA~/RgRomkyPP4RHAWh0dHBzOi8vd3d3LmZvb2wuY29tL21tcy9tYXJrL3RhLWJhbmstaHlzYT9saWQ9YTl0YWxhMzhka2plJm1haWxpbmdfaWQ9Mjk3ZmFhODAtNWZiOS00Mjc1LTg3MDQtYTBhOTEyYTJlYzcwJnU9MjAzODc5NTAyMiZ1dG1fc2l0ZT10aGVhc2NlbnQmdXRtX2NhbXBhaWduPXRhLWJhbmstcmVtLXNvLWh5c2xpc3QtMDgxMDIwMjQtNS1uYS1uYSZjYW1wYWlnbl9ncm91cD1zb18wODEwMjAyNCZwdWJsaXNoZXI9c29fMDgxMDIwMjRfbmEmdXRtX21lZGl1bT1jcGMmdXRtX3NvdXJjZT1zbyZwYXJ0bmVyX3VzZXJfdWlkPTA3NGRjZTllLWJlM2EtNDgxMC1hMGYxLTA3YmI3NWRhMDA0YlcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~)could earn you over $400! Aside from the competitive APYs, all of these [savings account picks](~/AAQRxQA~/RgRomkyPP4RHAWh0dHBzOi8vd3d3LmZvb2wuY29tL21tcy9tYXJrL3RhLWJhbmstaHlzYT9saWQ9a3ZnZjZnNmNhM2RqJm1haWxpbmdfaWQ9Mjk3ZmFhODAtNWZiOS00Mjc1LTg3MDQtYTBhOTEyYTJlYzcwJnU9MjAzODc5NTAyMiZ1dG1fc2l0ZT10aGVhc2NlbnQmdXRtX2NhbXBhaWduPXRhLWJhbmstcmVtLXNvLWh5c2xpc3QtMDgxMDIwMjQtNS1uYS1uYSZjYW1wYWlnbl9ncm91cD1zb18wODEwMjAyNCZwdWJsaXNoZXI9c29fMDgxMDIwMjRfbmEmdXRtX21lZGl1bT1jcGMmdXRtX3NvdXJjZT1zbyZwYXJ0bmVyX3VzZXJfdWlkPTA3NGRjZTllLWJlM2EtNDgxMC1hMGYxLTA3YmI3NWRhMDA0YlcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~) also offer: - No account fees to keep your account open - Low minimum deposit requirements, including a few with a $0 minimum! - FDIC insurance covering up to $250,000 (and, in one case, much more!) per eligible account One more perk of online savings accounts -- opening an account is quick and easy. You could get a new account, transfer money, and start earning interest today. Ready to level up your banking experience? [Open an account today](~/AAQRxQA~/RgRomkyPP4RHAWh0dHBzOi8vd3d3LmZvb2wuY29tL21tcy9tYXJrL3RhLWJhbmstaHlzYT9saWQ9YjdzOTFhdHgwNXpqJm1haWxpbmdfaWQ9Mjk3ZmFhODAtNWZiOS00Mjc1LTg3MDQtYTBhOTEyYTJlYzcwJnU9MjAzODc5NTAyMiZ1dG1fc2l0ZT10aGVhc2NlbnQmdXRtX2NhbXBhaWduPXRhLWJhbmstcmVtLXNvLWh5c2xpc3QtMDgxMDIwMjQtNS1uYS1uYSZjYW1wYWlnbl9ncm91cD1zb18wODEwMjAyNCZwdWJsaXNoZXI9c29fMDgxMDIwMjRfbmEmdXRtX21lZGl1bT1jcGMmdXRtX3NvdXJjZT1zbyZwYXJ0bmVyX3VzZXJfdWlkPTA3NGRjZTllLWJlM2EtNDgxMC1hMGYxLTA3YmI3NWRhMDA0YlcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~) and start maximizing your savings. [Open an account now](~/AAQRxQA~/RgRomkyPP4RHAWh0dHBzOi8vd3d3LmZvb2wuY29tL21tcy9tYXJrL3RhLWJhbmstaHlzYT9saWQ9OXBnbXpwdW5vbWxlJm1haWxpbmdfaWQ9Mjk3ZmFhODAtNWZiOS00Mjc1LTg3MDQtYTBhOTEyYTJlYzcwJnU9MjAzODc5NTAyMiZ1dG1fc2l0ZT10aGVhc2NlbnQmdXRtX2NhbXBhaWduPXRhLWJhbmstcmVtLXNvLWh5c2xpc3QtMDgxMDIwMjQtNS1uYS1uYSZjYW1wYWlnbl9ncm91cD1zb18wODEwMjAyNCZwdWJsaXNoZXI9c29fMDgxMDIwMjRfbmEmdXRtX21lZGl1bT1jcGMmdXRtX3NvdXJjZT1zbyZwYXJ0bmVyX3VzZXJfdWlkPTA3NGRjZTllLWJlM2EtNDgxMC1hMGYxLTA3YmI3NWRhMDA0YlcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~) Here’s to your financial ascent P.S. You should know that we are committed to helping you improve your finances. To that end, if we wouldn’t recommend a financial product to a close family member, we wouldn’t recommend it to you on The Ascent either.   How did you like this email? [Positive](~/AAQRxQA~/RgRomkyPP0SaaHR0cHM6Ly93d3cuZm9vbC5jb20vbW1zL21hcmsvc2EtcG9zdC1zdXJ2ZXk_bGlkPW1veXpxamowdW13dCZvcD0xMTE4NSZ1PTIwMzg3OTUwMjImbWFpbGluZ19pZD0yOTdmYWE4MC01ZmI5LTQyNzUtODcwNC1hMGE5MTJhMmVjNzAmbWFpbGluZ19uYW1lPVZhcmlhbnQgMVcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~) [Negative](~/AAQRxQA~/RgRomkyPP0SsaHR0cHM6Ly93d3cuZm9vbC5jb20vdmlwL2ludmVzdG9yLWFsZXJ0L3NvLWVtYWlsLXN1cnZleS1mcm93bi8_bGlkPXd6bXZwNTI5ODEzYyZvcD0xMTE4MyZ1PTIwMzg3OTUwMjImbWFpbGluZ19pZD0yOTdmYWE4MC01ZmI5LTQyNzUtODcwNC1hMGE5MTJhMmVjNzAmbWFpbGluZ19uYW1lPVZhcmlhbnQgMVcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~) The Ascent is reader-supported: we may earn a commission from offers we mention here. It's how we make money. But our editorial integrity ensures our experts' opinions aren't influenced by compensation. We work fervently, feverishly, and Foolishly to make sure all the facts and figures we publish in our emails are 100% accurate and up to date. This is a promotional message from The Motley Fool | 2000 Duke St. | Alexandria, VA 22314 [Legal Information](~/AAQRxQA~/RgRomkyPP0R8aHR0cHM6Ly93d3cuZm9vbC5jb20vbGVnYWwvc3R1ZmYtd2Utb3duLz91PTIwMzg3OTUwMjImbWFpbGluZ19pZD0yOTdmYWE4MC01ZmI5LTQyNzUtODcwNC1hMGE5MTJhMmVjNzAmbWFpbGluZ19uYW1lPVZhcmlhbnQgMVcDc3BjQgpmq4_Ht2ai0ycBUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAfk~). Copyright ©1995-2024 The Motley Fool. All rights reserved. To prevent this from getting swept up by overzealous email filters, add Fool@info.fool.com to your address book. If you no longer wish to receive this email, please [unsubscribe now](~/AAQRxQA~/RgRomkyPP0SbaHR0cHM6Ly93d3cuZm9vbC5jb20vdW5zdWJzY3JpYmUvYWxsP2FjY291bnRfaWQ9MDc0ZGNlOWUtYmUzYS00ODEwLWEwZjEtMDdiYjc1ZGEwMDRiJm1haWxpbmdfaWQ9Mjk3ZmFhODAtNWZiOS00Mjc1LTg3MDQtYTBhOTEyYTJlYzcwJm1haWxpbmdfbmFtZT1WYXJpYW50IDFXA3NwY0IKZquPx7dmotMnAVIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQAAAH5). Please do not respond to this email as this mailbox is unmonitored. 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