Banking
7 Best High Yield Savings Accounts
CIT Bank's Platinum Savings Account CIT Bank's Platinum savings account offers a 4.35% APY. There are no gimmicks, no tricks. They've proven reliable and consistent over the past two years, maintaining rates near the highest. However, there's a minimum balance requirement of $5,000 to earn the 4.35% APY; otherwise, you'll earn 0.25%. Their Savings Connect account offers 4% APY with no minimum balance requirement. Both accounts are FDIC insured and have no opening or monthly maintenance fees (minimum $100 opening deposit). Our personal experience has been that the website and app are both user-friendly. Basque Bank's Basque Interest Savings Account Offering a 4.5% APY, Basque Bank is another consistent performer. No minimum deposit is required to open the account, but it must be funded within 15 business days. FDIC insured up to $250,000. Basque Bank has been one of the few financial institutions that has continued to offer competitive rates and doing so without fees. Bread Savings by Bread Financial Bread Savings offers a 4.4% APY. A $100 minimum deposit is required. A minimum deposit requirement is a sign that the customer base is a…
