15 Best High Yield Savings Accounts of 2024 💸 Earn 5.5%+ APY | American Express, SoFi, Ally

15 Best high-yield savings accounts to consider in 2024. Regardless of which bank you go with, the most important part is ensuring it's FDIC-insured. For smaller banks, read the fine print to see if there's a catch to earning a high yield.

Timeline
0:00 How to Choose a Bank
0:55 Big Banks and Notable Brands
3:55 Smaller Banks
6:14 Brokerage Accounts

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[chrysophylax]

CIT bank for me. 5.05% with 5k min. I'm self employed, so anything requiring Direct Deposit was a no-go. Happy so far 👍

[utuberwatchin]

Nice video. Definitely need to check once you’ve deposited to make sure the intro interest rates don’t drop after a few months 🏦

[James-bfdk]

I would recommend Bask Bank, I opened an HYSA Jan 2023 and have been getting 5%. My wife is going to switch from Capital One, 4.3% is not cutting it

[minhdo]

How come no one ever talks about synchrony? It’s 4.75% high yield saving account. I always see people say sofi.

[zacharydingo]

🏦 Thanks for the video, Sebby. My two favorite accounts are Wealthfront and Capital One

[beastoftheeast]

right now i have 5.25% with robinhood gold, only 5 bucks a month to pay for robinhood gold, no minimum balance or anything required

[jonathanh]

Maybe a good Time to talk about best CD accounts as rates have come down a bit. Thinking for the future.

[RebeccaEWebber]

I'm planning to open a savings account with Wealthfront and also possibly an IRA. I like their SRI option.

[OliKayTravels]

Hey Seb question for you, what is your main bank for savings account? 😎

[TheRaider]

Raisin has good savings options, current highest is 5.32%

[sonny]

Any thoughts on Fidelity Cash Management account with debit card?

[amurph]

Just signed up for Amex at 4.6% because of the platinum card

[ninaalvarado]

🏦🐤 Thanks Sebby! You read my mind! I’ve been researching high interest savings accounts! Great advice!

[chrisoverbey]

🏦 Been with current bank for 43 years. Taking a hard look at SoFi

[yonallb]

Vanguard settlement fund + laddering t-bills.

[RichColemanTx]

Sofi doesn't allow to open as a Trust. Ally does and it's pretty painless to do.

[MOBMJ]

I'd like to add about Poppy Bank which I do have it, depending on how much money you do have with them you can get that rate locked in forever. until the Fed cuts rates of course.

I have a Savings account with them at 5% no Fees and no strings attached

[yucharlie]

Thanks for the video. Morgan Stanley preferred savings is at 5%.

[Thck]

🏦What about the vanguard money market account? 5.35%

[bctsteve]

Please do a review of business checking accounts on ask Sebby business.