- High-yield savings accounts are great for emergency funds, down payments, and savings goals.
- I particularly like Ally Bank’s high-yield savings account for its combination of low fees and competitive rates.
- Its easy-to-use interface also allows you to set up automatic transfers and create “buckets” of money for your separate savings goals.
- See Business Insider’s picks for the best high-yield savings accounts »
When I was a kid, my mom took me to a local bank to open my first savings account. My “Dinosaver” account came with a free dinosaur toy, which was a pretty big selling point for me as a young read more >>>