4 reasons to keep your cash in a high-yield savings account - Business Insider

United States News News

4 reasons to keep your cash in a high-yield savings account - Business Insider
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Money may not grow quickly in a savings account, but modest interest rates and strong protections for your cash make high-yield savings accounts ideal for many situations

Cash is safe and insured

Banks are inherently a safe place to keep your money in general. To give you added security, the US government insures bank accounts up to $250,000 per depositor per bank. That means you could have

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Interest rates on high-yield savings accounts have dropped, but this bank's APY still outpaces othersInterest rates on high-yield savings accounts have dropped, but this bank's APY still outpaces othersCNBC Select reviews the Vio Bank High Yield Online Savings Account so you can decide if it's the right savings account for you.
Read more »

Robinhood issues warning to raise cash buffers on widely-held stocks - Business InsiderRobinhood issues warning to raise cash buffers on widely-held stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

NY Post insiders gripe about Biden coverage - Business InsiderNY Post insiders gripe about Biden coverage - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Business groups ask Trump to withdraw D&I training executive order - Business InsiderBusiness groups ask Trump to withdraw D&I training executive order - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Cash Isn’t Trash Compared to Stocks and BondsCash Isn’t Trash Compared to Stocks and BondsThe risks of a sharp selloff in both stocks and bonds is high at the same time, making cash an attractive haven.
Read more »

Democrats leading in early vote, but Republicans can still catch up - Business InsiderDemocrats leading in early vote, but Republicans can still catch up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »



Render Time: 2025-02-24 21:26:08