A high yield savings or cash reserves account provides a 5%+ interest return vs a traditional brick and mortar large US bank which provides a 0.01% interest in their savings accounts. Here we explore the very best bank accounts in a current high interest environment to take advantage of.
00:00 Begin here
00:43 Betterment
01:41 Western Alliance Bank
02:22 Useful Utility Banks (Schwab & Chase)
03:09 Wealthfront
03:50 UFB Direct
04:32 Honorable Mentions (AMEX & Capital One)
05:28 Popular Direct
06:35 Savings Account In The Future
The 5 BEST Bank Accounts of 2024 (HYSA 5.4% Interest)
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