GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Young businesswoman freelancer manager accountant counting funds, savings, money using calculator in office.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.

But not all savings accounts are worthy of your hard-earned money.

facebook sharing button

If you have cash parked in a savings account, you should review what APY you are earning.

Not having your money in a high-yield savings account could be a costly mistake, heres how.

Therefore, youd miss out on $1,000 in interest.

twitter sharing button

Research which option is best for you, and read the fine print.

double-check to shop around to see which firm has the most competitive rate for your money.

More From GOBankingRates

Share This Article:

The Latest inBanking

linkedin sharing button

email sharing button