I Found The 5 BEST High Yield Savings Accounts Of 2024

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In this video, we're going over the 5 BEST high yield savings accounts of 2024! These high yield savings accounts are paying some of the best interest rates of up to 5% APY right now. So, if you're looking for a savings account to save money, earn interest, and grow your money, you'll love these. These bank accounts offer great benefits like no fees, FDIC insurance, and even sign up bonuses.

The high yield savings accounts we'll be covering include the Capital One 360 performance savings account, SoFi checking and savings account, Discover high yield savings account, Marcus by Goldman Sachs high yield savings account, and Wealthfront Cash Account. Btw, this list is based on research, positive reviews, and mainly my experience with these high yield savings accounts. Enjoy! (: 

MY FAVORITE BANK ACCOUNT & SHOPPING PORTAL

MY FAVORITE CREDIT CARDS:

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DISCLAIMER: I am not a lawyer,CPA, lender, realtor or a financial advisor. The content in my videos should not be taken as legal, tax, financial advice, etc, and may or may not be outdated or inaccurate as the time this video was posted. It is your responsibility to verify all information from the video on your own. This is a YouTube video for Entertainment purposes ONLY. If any company is mentioned is because Dayanaplays has an interest in them. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a commission or referral bonus. PLEASE DO NOT make buying or selling decisions based on Dayanaplays videos. If you need advice, please contact a qualified professional as I am not one.
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MY FAVORITE BANK ACCOUNT & SHOPPING PORTAL:

DayanaPlays
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Money doesn’t grow overnight, but with the right investments, it can grow exponentially over time.

FrankEwordv
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I got with SoFi because of you! The interest is Awesome and getting paid sooner than any bank or credit union ever! Thank you…

rdientertainmentllc
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Remember that the IRS treats interest earned on a savings account as earned income, meaning it can be taxed. So, if you received $125 in interest on a high-yield savings account in 2023, you're required to pay taxes on that interest when you file your federal tax return for the 2023 tax year. Always use your due diligence approach with financial matters.

nay
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Great video once again! I love the SoFi and the Capital One accounts... my absolute favorites and always the highest yields! 😛 OH and thanks for your SoFi link for that bonus... you're the best!! 🤑

AngieMBlanco
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I recently turned 39 and lost my job, so I'm at a loss. What choices do I have for passive income given that I have 425K saved for an early retirement at 50, 10K in an HSA, and a property that might bring in an additional 200K?

BaileyJames-zvddd
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I am watching all of your videos for a long time. I have some quick question:
1. Is there a hassle to get the latest rate over a year when it went up in SOFI or any other banks in the video?
2. Is there CD options for any banks for future? Different products like loan or mortgage benefits etc?
3. Do Sofi Bank consider wire transfers as check deposits and I heard they hold the money how true is it?

SvenKontos
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Wow I thought I was caught up on all your videos since I have alerts set up but from the looks of it I have a lot of work to do to catch up. I’m really enjoying your contents which is very important to know. Thank you 🙏

juliocastillo
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I just signed up for credit karmas HYSA, 5.10% APY it is also FCID insured up to 5 million, no fees or minimum, not sure why credit karmas HYSA isnt on anyones list.

jc
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GREAT VIDEO!! Just wanted to know your view on UFB DIrect ?

mahakagarwal
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Forbright Bank current yields 5.30% on Savings account no minimum balance

navisingh
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Where’s PNC “HYSA”? I been getting a 4.65% since 2023

vickfts
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Thank you Dayana, keep up the good content.

PlutoEmc
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Great video. I get 4.65% with Synchrony. I'm trying to beat that.

thehousingvlog
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I love that you cover other aspects of the finance world other than cards. Think you'd ever do a video on investment accounts - at least the ones you've got experience with?

scarling
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could you tell us more about what it means and how much we would be paying in taxes when tax season comes?

axl
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thank you ! ive been trying to find a good savings account

krssee
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I have a Marcus savings and I like that I can make a transfer on the same day that I initiated based on certain time of the day. 4.4% is a pretty solid rate if you ask me.

victorgeorgi
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Can you manage online without downloading a app?

learycogic
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Hi Dayana, informative vid! Just a quick question on the SoFi hysa. In order to qualify for the $300 bonus, I need the direct deposit from the employer AND another direct deposit of $500 right?

kennethcheahmunchun