Current BEST High Yield Savings Accounts of 2024 (Q2)

#savings #hysa

These are the top 6 high-yield savings account offers of Q2 (April - June) - 2024

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[SullivanSpencer]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[Biggerstaff]

I'm 55 and earn about $450k annually, only save 30% in HYSA's. I've been reading a lot of articles mentioning how worthless 'cash savings' are in this current unstable economy, thus my question - real estate, stocks or gold, which will be a better investment as of now?

[arilee]

Watch out for Sofi! Savings is 4.6% IF you direct deposit $5000 every month, so if you are taking a break from work not getting deposit, the yielding interest is only 1.1%

[crismartinez]

3 weeks ago I opened a SoFi High Yield Savings account. Everything went smoothly until I read the fine print. In order to maintain the 4.6% interest rate I have to set up a direct deposit or deposit $5, 000 a month. I’ll pass. Wish I knew early. I want to just park my money with no stipulations.

[JordanReam]

I sold an apartment in Springfield and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. What are the best strategies for long-term retirement investments?

[Raymondjohn]

crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7figure profit in a crashing market and pull it off as easily in a bull market, Unequivocally the crash/recession is getting somebody somewhere rich

[kongaloid]

Why does everyone who go over High Yield Saving accounts seem to gloss over Wealthfront? it's 5%, and if you refer people you get a temporary 0.50% boost for 3 months. So 5% at the core and 5.5% if you refer people..

[JoseValdez-eiqx]

Flourish is 5%. No minimum and FDIC insured up to 5 million

[ednamensah]

The catch with SoFi, if you don’t keep the direct deposit set up, you won’t get the high interest payment for your accounts.

[Janise-pgyr]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[chrisoverbey]

Migrated to SoFi last month, very pleased so far with every aspect of their bank

[JoJoENT]

Acorns do 5% on savings account & 3% on checking account, why is no one talking about this ?

[jmagicd]

My Amex Personal Savings just got dropped down to 4.25%. I gotta figure out at what point it’s worth switching institutions. I’d rather have a consistent above average rate than chase over 5% from a bank that that will lower that rate at the drop of a hat.

[kevinlin]

I dont know about a lot of the accounts but i have the Sofi Accounts. There is also no ATM withdrawal fees. Great for travel abroad. Not sure if thsi is common among checking account debit cards across the board

[joshraphaelbatusin]

Money is not meant to control people rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.

[NowNorie]

Can you do a video on the money treasury bonds? Still confused on this and the no tax also if it’s better than a HYSA

[matthewsills]

I have UFB for the past 6-8 months. Absolutely love it, really kick myself for not opening an account a lot sooner.

[_jayfromla]

“One” has a 5% hysa that just requires a $5k minimum. Its only for the first 100k so its good for someone who is just starting.

[IndiaRoverMayank]

Sofi Terms and condition are little different than explained in the video "The Direct Deposit Bonus Period begins when SoFi receives a Direct Deposit within the Promotion Period and ends 25 calendar days later (the “Direct Deposit Bonus Period”). For the avoidance of doubt, the Direct Deposit Bonus Period shall not extend beyond the Promotion Period."

[theonlybuster]

Western Alliance Bank (via Raisin) is currently at 5.24%. FDIC insure and all that good stuff.

Remember that interest rates change with little to no warning, so where ever you go, be sure to check the interest rate every couple of months to ensure it's still high enough to make you happy.