Here are the best online high-yield savings accounts right now
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- A high-yield savings account is a good place to store savings you'll need in the near future, like for an emergency fund or down payment on a home.
- Each of the accounts on this list is free of monthly maintenance fees, insured by the FDIC, and appropriate for modest and super savers alike.
- Note that the annual percentage yield (APY) on a high-yield savings account is variable.
- So while it's smart to look at interest rates when comparing high-yield savings accounts, it's not the be-all and end-all.
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