These are the 3 best uses for a high-yield savings account.
as the best choice for easy access to your cash since it offers users convenient withdrawal options, including an optional ATM card.It's fun to have a savings goal in mind, and it's even better when you have a strategy in place to help get you there on time.
For this reason, high-yield savings accounts are "a fantastic way to save up cash for short-term goals or needs that are within a year or two," Shon Anderson, a certified financial planner and president at Anderson Financial Strategies, tells CNBC Select.And if you're someone who needs a little motivation to save, theoffers tools to help you.
If you were to put $10,000 into a Vio high-yield savings account, your deposit could yield $150 after just one year. Information about the Synchrony Bank High Yield Savings, Vio Bank High Yield Online Savings Account, and Varo Savings Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Synchrony Bank is a Member FDIC. Vio Bank is a division of MidFirst Bank, Member FDIC. Varo Bank Account Services are provided by The Bancorp Bank, Member FDIC.
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