When I asked a handful of certified financial planners for their favorite high-yield savings account, I wasn't too surprised that most of them had the same answer
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Business Insider asked financial planners for their favorite high-yield savings account. Most of them said the one at Ally, an online bank. Ally's high-yield savings account has no minimum balance or monthly fees, and it's offering a 1.
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Business Insider asked financial planners for their favorite high-yield savings account. Most of them said the one at Ally, an online bank. Ally's high-yield savings account has no minimum balance or monthly fees, and it's offering a 1.
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I opened high-yield savings accounts at two different banks to start earning 20 times more on my money, and I can tell you they live up to the hypeMy favorite things about high-yield savings accounts, apart from the high interest rates, are that they're free and can be opened online in minutes.
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