If you're searching for a bank with high annual percentage yields, Quontic Bank should be near the top of your list. The bank's line of CDs also offers excellent rates, and most deposit accounts come with no fees.
Savings accounts are bank accounts that provide risk-free returns while still providing sufficient liquidity to manage your finances. Savings accounts are often used for short-term investments and to store funds in a safe location in case of an emergency.
When you're looking for a savings account that acts like a checking account, a money market account is probably your best bet. Money market accounts typically tout competitive APYs but make it easier.
Chime aims to make banking accessible for everyone by offering accounts with no monthly fees and no minimums. Here's what to consider before opening a Chime account.