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

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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

 

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This is a very good article, I did some research and found some really high yield savings accounts with one being 6.17% capped at 1k deposit but the other ones are capped a bit higher. I hope this is useful :)

Or...you could purchase USDC or GUSD (stable coins) and earn 8.6% on BlockFi. It's stable, liquid, and beats any traditional bank account hands down. Be better .

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