Albeit a big first step, opening a savings account is only the beginning of your savings journey. To make the most of your account, you’ll want to set up a savings plan . A couple of tips that ...

Helping your teen get a grip on money is one of the best things you can do for their future. Instead of just giving them cash ...

The top rate on today's high-yield savings accounts is 5%. But this checking account pays just as much if you meet one ...

Look to a savings account when you want to set money aside for future needs and goals. Savings accounts allow you to deposit money for safekeeping and earn interest on your balance. You can open ...

The account also has a tool for setting savings goals, ... Apply for your first Discover® Online Savings Account, ... NerdWallet's Best High-Yield Savings Accounts of July 2025: Up to 4.66%.

If you set up a transfer for the initial deposit, you likely linked an external bank account to your new high-yield savings account. But with most accounts, you can link multiple external bank ...

You can typically apply for a savings account online, over the phone, in person or by mail, depending on the bank. ... Step 4: Set up your mobile or online account.

The minimum deposit for this account is $50,000. On its own, this could earn you $2,230 in one year. That's a fantastic ...

Financial Discipline and Goal Setting. A savings account helps you develop financial discipline by encouraging you to set aside money ... Once your account is open, set up online and mobile banking.