Grow Your Savings: High-Yield, CDs, and Money Market Accounts
Compare APY, fees, and minimums. Find accounts that help your money work harder — with easy online access.
Spotlight Accounts
Green High-Yield Savings
Great for emergency funds
Online-only; easy transfers. APY may change with market rates.
See OfferMoney Market Plus
Higher limits & check-writing
Often tiered APY by balance. Check transaction limits.
See Offer12-Month CD Saver
Lock & earn for 1 year
Best for funds you won’t need during the term.
See OfferCompare Top Savings Offers
| Institution / Product | Type | APY | Minimum | Monthly Fee | |
|---|---|---|---|---|---|
| Green High-Yield Savings | High-Yield Savings | Up to 5.00% | $0–$100 | No fee | See Offer |
| Money Market Plus | Money Market | Tiered | $2,500 | $0–$10 (waivable) | See Offer |
| 12-Month CD Saver | CD (12 months) | Fixed | $500 | — | See Offer |
*APY = Annual Percentage Yield. Rates change often and may vary by balance and location. Always verify the institution’s official terms.
Account Types at a Glance
High-Yield Savings
Variable APY; online banks often pay more. Great for emergency funds and short-term goals.
Money Market
Hybrid checking/savings features with competitive APY. May require higher minimums.
Certificates of Deposit (CDs)
Fixed APY for a set term (e.g., 6–18 months). Early withdrawals usually incur penalties.
APY, Compounding & Fees Explained
APY & Compounding
APY reflects interest plus compounding over a year. More frequent compounding can increase your earnings.
- • Compounding: daily → monthly → quarterly
- • Variable APY can rise/fall with market rates
- • CDs lock a fixed APY for the term
Fees & Minimums
Prefer accounts with no monthly fee and low minimum balance. Watch out for transaction limits and out-of-network ATM fees.
- • Monthly maintenance (waivable)
- • Excess withdrawal fees (Regulation D style limits vary)
- • CD early withdrawal penalties
Pro tip: If you’re building an emergency fund, prioritize **no fees**, **easy access**, and a **competitive APY** over niche perks.
Estimate Your Savings Growth
Use our calculator to project how your balance grows with deposits, APY, and compounding.
Smart Savings Tips
Build Faster
- • Automate monthly transfers on payday
- • Separate emergency fund from spending account
- • Consider a CD for funds you won’t need soon
Keep It Safe
- • Prefer FDIC/NCUA insured accounts
- • Use strong passwords & 2FA
- • Monitor statements; enable alerts
Savings — Frequently Asked Questions
What’s a good APY right now?
High-yield savings APYs change with market rates. Online banks often offer the most competitive rates.
Is a CD better than a savings account?
CDs can pay more but lock your money. Savings accounts offer flexibility and variable APY.
Are online-only banks safe?
Yes, when FDIC/NCUA insured. Confirm coverage and limits for your deposits.
How often does APY change?
Variable APYs can change anytime. CDs stay fixed for the term you select.
Will fees eat my returns?
They can. Choose accounts with no monthly fees and be mindful of transaction or ATM charges.
Disclaimer: APYs and terms change frequently and can vary by balance and location. Always verify the institution’s official disclosures.