2024's Best Savings Accounts - Online Banks, FDIC Insured

[bernard]

The best online savings accounts offer high interest rates while being a great place to park your money. Because online banks don’t have the expense of maintaining branches, they can offer high-interest savings paying many times higher than the national average of 0.42%*.

Standout Online Savings Accounts - NerdWallet

excellent savings accounts

www.nerdwallet.com

Largest Banks in the U.S.A. by Asset Size (2023)

A list of the 250 largest American Banks ranked by asset size according to data from the FDIC as of December 31, 2022.

www.mx.com

 

[Jacksonian]

In terms of interest rates, brick and mortar banks can't compete with the online banks.

 

[Fiyah]

One of my best savings account is American Express High Yield Savings.

 

[Dr. Phreeze]

In terms of interest rates, brick and mortar banks can't compete with the online banks.

SoFi being one of them.

 

[bernard]

Savings account interest rates are best in years, experts say. How to get a high yield.

Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.

www.usatoday.com

 

[bernard]

Wells Fargo and other banks continue to close branches across the country as banking habits change amid the rise of online banking .

“Customers use our wide range of digital capabilities for many of their banking needs and, as a result, more transactions are carried out outside the branch ,” a Wells Fargo spokesperson told Best Life in April.

“As such, we continually evaluate our branch network in light of changing customer needs, increased usage of digital banking and market factors,” the bank added.

MSN

 

[Olde Hornet]

Its very interesting with physical banks, older people like going to the banks and are not comfortable with digital technology. All of the 20 to 40 somethings in our family have online banking accounts. Only two of the older people in our family have an online banking accounts.

 

[bernard]

Best High-Yield Savings Accounts For February 2024 - Up to 5.35% | Bankrate

Some banks offer tiered interest rates. To find the best rate for you, browse Bankrate's list of the best high-yield savings accounts.

www.bankrate.com