High-yield savings accounts offer big advantages right now, but there are a few things to know before opening one.

Back in early December, high-yield savings account rates climbed to a new record high of 5.50% APY. But in the four months since, the leading savings rate stayed the same—until today.

As long as its benchmark rate stays steady, savings account rates are also expected to continue their record-high. At some point, however, the Fed will decide to make a rate cut. At this time ...

CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

While a 5% annual percentage yield (APY) seems to be the highest offered among savings accounts with no minimums, caps, fees or membership required, some offer 6% APY if you don't mind the ...

Whether you’re aiming for 3%, 10%, or 20% down, where you store your savings can make a big difference. The right account will protect your money from market risk, help it grow with interest and ...

See how we rate banking products to write unbiased product reviews. The best high-yield savings accounts have a strong interest rate, good perks, and low fees. High-yield savings accounts are a ...

Commissions do not affect our editors' opinions or evaluations. Among 370 savings accounts from 157 banks and credit unions, we found Capital One 360 Performance Savings to be the best high-yield ...

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 ...