The 5 BEST Bank Accounts of 2024 (HYSA 5.4% Interest)

A high yield savings or cash reserves account provides a 5%+ interest return vs a traditional brick and mortar large US bank which provides a 0.01% interest in their savings accounts. Here we explore the very best bank accounts in a current high interest environment to take advantage of.

00:00 Begin here
00:43 Betterment
01:41 Western Alliance Bank
02:22 Useful Utility Banks (Schwab & Chase)
03:09 Wealthfront
03:50 UFB Direct
04:32 Honorable Mentions (AMEX & Capital One)
05:28 Popular Direct
06:35 Savings Account In The Future

[kgsriram]

good one.. super surprised with no mention of Ally especially after their best online bank for 2023!

[CassandraMoe-sx]

Thanks a lot, it was very useful and informative. Keep it up

[jsfaulkner]

Great quality video! Wow have I got some improving to do! I think you'd appreciate what Fidelity has to offer. I'm getting 4.99% on my checking and savings balance. Plus ATM fees refunded.

[ashinshenoy]

when you try to open an account do these do a hard check on the persons credit or soft check.

[robertm]

If you get Amex Savings with Checking doesn't that increase the APY

[josephmgomez]

Can I withdraw money with the Charles Schwab debit card from my Chase Bank account?