CIT Bank's high-yield savings account, Savings Builder, rewards you with its top APY of 1.80% for auto-deposits of at least $100 a month.
When interest rates are expected to go down, it's a good time to save money in a CD. The best CDs right now are earning between 2% and 2.25% APY.
Betterment's Everyday Savings account has no monthly fees, allows unlimited transfers, and offers FDIC insurance up to $1 million.
Instead of a 529, we opted to save money in a high-yield savings account and a Roth IRA to fund his future plans, whatever they may be.
American Express' high-yield savings account requires $0 to open, levies no monthly fees, and earns a 2.10% APY on all balance tiers.
Renee Kwok is a certified financial planner and the CEO of TFC Financial. She tells her daughter to "work hard and save most of your money."
A high-yield savings account has the accessibility of a savings account with slow-but-steady growth for money you need in the next few years.
