High-yield savings accounts surge amid shaky stock market, experts say

  • 📰 ABC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Rate hikes have brought consumers to the old-fashioned accounts, experts say.

transform the old-fashioned savings account into a newly attractive financial option, personal finance experts told ABC News.

Here's what to know about the rise of high-yield savings accounts, and how to decide whether to open one:What is a high yield savings account? While no specific threshold earns an account the moniker of "high-yield," the enhanced savings from such accounts can prove substantial, experts said.

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:

 /  🏆 471. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines