High Yield Savings Accounts
News, insights and expert analysis on high yield savings accounts from the team at Kiplinger.
Latest
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What Is a High-Yield Savings Account?A high-yield savings account is essentially the same as a traditional account with one key difference — it pays a higher-than-average APY on deposits.
By Erin Bendig
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What Is APY? Here's How to Score the Highest RatesSavings Here's everything you need to know about APY, the important factor in how much your savings could earn in a year.
By Erin Bendig
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The Fed Plan to Cut Rates Again. What Should Savers Do About CDs and High-Yield Accounts?Here's what to know about CDs and high-yield savings accounts before the Fed meets to possibly cut rates again.
By Erin Bendig
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Best 6% Interest Savings AccountsWant 6% interest on your savings? You could earn an APY of 6% or higher with these accounts, but you'll want to lock in rates soon.
By Erin Bendig
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Get Ready to Let Go of Safe Cash InvestmentsHigh-yield savings accounts are about to pull less of a punch. Here's a look at what to do with your savings once interest rates drop.
By Kim Clark
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Why You Shouldn’t Let High Interest Rates Seduce YouWhile increased interest rates are improving the returns on high-yield savings accounts, that may not be an effective place to park your money for the long term.
By Kelly LaVigne, J.D.
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Learn about the different types of savings accounts and find the right one for you.Explanation of the different types of savings accounts.
By Donna LeValley
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Will Savings Rates Keep Going Up in 2024?As savings rates begin to fall, consider locking in rates while they're still high.
By Erin Bendig
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With Savings Rates of 5%+, It’s Time to SwitchSavings accounts are giving high returns, so Kiplinger recommends switching your savings.
By Guy Anker
