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  2. 7 best high-yield savings accounts for Sept. 2024: Earn up to ...

    www.aol.com/finance/best-high-yield-interest...

    While some of the biggest national banks like Chase and Bank of America offer interest rates as low as 0.01%, several high-yield savings accounts (HYSAs) feature APYs of 5.00% or more.

  3. Can you lose money in a high-yield savings account? Top 6 ...

    www.aol.com/finance/can-you-lose-money-high...

    Here are the top six financial risks to watch for when considering and managing a high-yield savings account and what to do if you find yourself facing one. 1. You have more than $250,000 in the ...

  4. Highest savings rates today: Build your savings balance ... - AOL

    www.aol.com/finance/highest-savings-rates-today...

    Today’s highest savings rates are at FDIC-insured digital banks and accounts offering yields of up to 5.55% APY with a minimum $500 opening deposit at My Banking Direct and Western Alliance and ...

  5. Online savings account - Wikipedia

    en.wikipedia.org/wiki/Online_savings_account

    Some banks offering OSA's may not have bank branches and a customer may deposit funds into their account by either ACH transfer, mailing in a cheque, or direct deposit.To withdraw money, customers can initiate an ACH transfer into another account or sometimes request a check from the bank in the desired amount.

  6. Prize-linked savings account - Wikipedia

    en.wikipedia.org/wiki/Prize-Linked_Savings_Account

    A prize-linked savings account (PLSA) or lottery-linked deposit account is a savings account in which some of the interest payment on bank deposits or marketing dollars are distributed as prizes based on chance. They are attractive to consumers as they function both as a sweepstakes or game of chance (as there is a small chance of a large prize ...

  7. Axos Bank offers an FDIC-insured, high-yield online savings account. You can earn up to 0.61% APY on your money, regardless of the starting balance. You do need $250 to open the account, however ...

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