While it is tempting to chase the highest possible return in a long-term CD or a risky investment, the primary job of an ...

Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...

The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

A few years ago, I switched banks and moved all my cash over to a high-yield savings account. Instead of earning 0.01% interest with my old checking account, I've been earning between 4.00% and 5.00% ...

NerdWallet writers and editors surveyed more than 100 financial institutions and financial technology companies to find the best banks for checking accounts. The best checking accounts have no fees ...