Currently Managing Director of Motley Fool Money, Brendan has worked full-time for The Motley Fool since 2011. He has written hundreds of articles for The Motley Fool and provided analysis on TV ...

However, opting for a savings account with American Express National Bank — which offers a competitive interest rate — can help you move your finances in the right direction. American Express ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...

Wealthfront does indeed offer a higher interest rate than American Express on savings balances. However, while American Express offers a standard high-yield savings account (HYSA), it’s ...