Best High Yield Savings Accounts
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What are High Yield Savings Accounts (HYSA)
High yield savings accounts (HYSAs) are savings accounts that offer on average up to 25 times the average interest rate that regular banks offer. Often they are offered by online banks that have less overhead than traditional brick and mortar banks and therefore can pass those savings on to their customers in the form of interest.
When To Choose a HYSA
We recommend that everyone keep their emergency fund in a high yield savings account so that you can make your money work for you and benefit from compounding interest.
If you are looking for the top checking accounts, click here.
B.F.F. Approved HYSAs
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