CIT's high-interest savings account currently yields 4.75% a year, with no minimum balance requirement and no monthly service charge. While CIT Bank may not be a household name, two familiar ...

Like other savings tools, though, the potential returns on high-yield savings accounts are largely dependent on the economic ...

A high-yield savings account earning 4.40 percent APY would generate almost $450 in interest on a $10,000 deposit over one ...

With a high-yield savings account, you can get a solid interest rate and your money grows ... Western Alliance Bank High-Yield Savings Account Best for direct deposits of $5k or more: SoFi ...

A savings account's annual percentage yield, or APY, determines the amount of interest an account holder ... the Western Alliance Bank High-Yield Savings Account earns a solid rate and requires ...

Interest you earn on your high-yield savings account is considered taxable income by the IRS. If you earn more than $10 in interest in a calendar year, your bank or financial institution will send ...

The highest yield on a standard ... to $250,000 in insurance per depositor and per bank for each account ownership category. Interest rates on savings accounts typically fluctuate in response ...

Benzinga's top picks for the best high-yield savings accounts for this month include Public.com and Bask Bank. A high-yield savings account has long been a favorable choice for individuals seeking ...

When shopping for the best online savings accounts, you should consider the account's interest rate, monthly service fees, ease of use, and additional perks. A high-yield savings account, also ...

The Federal Reserve decided to keep interest rates unchanged at its May 2025 meeting, continuing its recent pause as it watches how trade policies play out. Fed Chair Jerome Powell noted the ...

I earned $798 in bank interest last year -- and I'm on track for $1,000-plus this year. Many top high-yield savings accounts are still paying around 4.00% in May 2025. Learn what to look for in an ...

SoFi Checking and Savings is ... also offers CDs, a high yield money market account and an interest checking account with ATM fee reimbursements. You can keep all your bank accounts at one ...