Our evaluations and opinions are not influenced by our advertising relationships, but we may earn a commission from our partners’ links. This content is created independently from TIME’s editorial staff. Learn moreSavers who want to earn the most interest on their money should look at the best high-yield savings accounts. With interest rates on the rise, savers are earning higher rates in HYSA than they have in more than a decade.
This savings account is also easy on the wallet because there are no monthly fees or minimum balance requirements. Additionally, there's no minimum balance required in order to earn its premium interest rate. Plus, you can keep your existing bank account sinceValley Direct offers quick and easy account opening, a high APY, and a minimum balance of $1 to open an account. For savers who haven't found the time to open an online savings account, thehas you covered.
One of the key advantages of Betterment Cash Reserve is its seamless integration with the Betterment platform, allowing customers to easily manage their savings alongside their investment accounts. The account provides a simple and user-friendly online interface for account management and transfers. Quontic stands out for the many ways you can increase the earning potential of your cash. In addition to theirLive Oak Bank lets you initiate wire transfers from your savings account and also lets you connect to Quickbooks.to receive a competitive interest rate with no monthly fees or minimum balance requirements. Two features that set it apart are the ability to initiate wire transfers from your savings account and to connect with QuickBooks.