RateAPY

Top 3 Ways to Find a High-Yield Savings Account

Posted by: RateAPY Bank Rates News
February 15th, 2010

Making sure that your money stays ahead of inflation is the name of the game. The best way to do that is to make sure you invest your money into the safest and highest-yield savings accounts available. Following are the top three ways to find a high-yield savings account:

1. Shop for an online savings account. Many times, the names you trust can be found offering an online savings account. You may find that the yields are a little better if you use the Web.
2. The more you deposit, the more you earn. Banks have different requirements for their tiers of yields. Check around; one bank may require $25,000, and another might only require $10,000 to get a better yield.
3. If your money doesn’t necessarily need to be liquid, consider using a term savings account such as a certificate of deposit.