5 Best High-Yield Savings Accounts of 2024

Here are the best 5 high-yield savings accounts as of August 2024. A high-yield savings account allows your money to grow until you need it. These accounts offer a much higher annual percentage yield (APY) compared to standard savings accounts, which typically yield just 0.36% APY. Check out which savings account made this list and let me know which, if any, do you currently use.

Links:
1. Best High-Yield Savings List (updated 24/7) - https://themoneyninja.com/high-yield-...
2. Discover Online Savings Account = https://themoneyninja.com/go/discover...
3. SoFi Savings & Checking $325 Bonus Link = https://themoneyninja.com/go/sofi-che...
4. Raisin (Western Alliance Bank 5.27%) = https://themoneyninja.com/go/savebett...
5. UFB Savings Direct = https://themoneyninja.com/go/ufb-dire...

Timestamps:
00:00 Why High-Yield Savings?
01:10 Requirements To Make This List
01:56 Bank #1
02:40 Bank #2
03:38 Bank #3
04:30 Bank #4
05:30 Bank #5
06:43 Outro

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Disclaimer: The opinions expressed herein are those of the author and are not indicative of the opinions of the companies and/or brands mentioned. The content in this video is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated in the video may differ from actual numbers. The content in this video is accurate as of the posting date; however, some of the offers mentioned may have expired. This video may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links.