Safety: Money kept in a savings account at an FDIC-insured bank or an NCUA-insured credit union is insured for up to $250,000 per account owner, per financial institution, per ownership category ...

A high-yield savings account pays significantly more interest than traditional savings accounts — currently up to 10 times the national average. These accounts are typically offered by online ...

Desjardins Economic Studies found that 49 percent of Quebec households fall within the bottom 40 percent of the national ...

For solely 5% interest savings accounts, Pibank is offering 5.50% APY with no fees or requirements, and Newtek Bank’s Personal High Yield Savings is offering a 5.25% APY on savings with no ...

Using a tax-advantaged account such as a 401 (k) or IRA can protect against taxes eating away at the value of retirement savings, meaning you may be able to save less.

The average APY on savings accounts is just 0.57 percent, but you can find high-yield savings accounts paying more than 5 percent.