A liquid savings account can provide easy access to your money for emergencies or other short-term financial goals — and a ...

Potentially lower rates than high-yield savings accounts. Some online banks offer high-yield savings accounts with rates that rival or even exceed no-penalty CDs. Minimum opening deposits.

The tax body has the capability to automatically identify interest accrued on savings in bank accounts and will issue a notice of additional tax due if that interest surpasses a certain limit.

Read Less If you tend to carry out all your life admin — including managing money — from your phone, you may benefit from an online-only ... aside cash in a savings account.

Kevin has been writing and creating personal finance and travel content for over six years. He is the founder of the award-winning blog, Family Money Adventure, and host of the Family Money ...

Why We Picked It: UFB Direct Savings Account offers one of the highest APY in the market, with no monthly maintenance fees. Plus, you can enjoy hassle-free banking with their online and mobile ...

Banks sometimes reduce the interest rate if you miss a monthly payment, but none of the accounts in our table do this. The Halifax Kids' Monthly Saver is available online and through its branches, ...

Best free savings accounts Best for customer service: Discover® Online Savings Best for in-person banking: Capital One 360 Performance Savings™ Best for tracking savings: Marcus by Goldman ...

The best online banks generally have more straightforward options for high-yield savings accounts. U.S. Bank Savings Account Overview U.S. Bank is an adequate choice if you live in the Midwest or ...

Business Insider's personal finance team researched the best savings account promotions among national, regional, and online banks, and here are our top picks for February 2025. If you're looking ...

The best online savings accounts have high interest rates and low or no fees. These bank accounts are offered by virtual, online-only banks. Many or all of the products featured here are from our ...