Spaxx Vs High Yield Savings Account

Spaxx Vs High Yield Savings Account Our top picks for the best high-yield savings account rates are SoFi Bank (450%), Bask Bank (510%) and Discover Bank (420%), but rates are as high as 600% from First Community Bank The main difference is that a high-yield savings account is a bank account and a money market fund is an investment account This is an important distinction because it affects the rates

Spaxx 7 Day Yield Chart While several competitors on this list have no minimum deposit, My Banking Direct’s 525% APY is more than enough to make up for a $500 minimum deposit requirement That rate is one of the Apple's high-yield Savings account, offered by Goldman Sachs, offers 440% APY on your savings While that amount is more than 9 times the national average APY, it's not the highest rate available If you're using a traditional savings account rather than one of the high-yield variety, you could be missing out on significant interest earnings Ready to start earning more interest today? Looking for a high-yield savings account? According to Motley Fool’s The Ascent, your best option right now might be SoFi, an online bank founded by Stanford business students In The Ascent’s