Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.
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3 reasons to love savings accounts

On the surface, a savings account is a place to store your money at a bank. But it can be far more than just a place to keep your cash. Used as part of an comprehensive financial plan, savings accounts can provide:

  • A feeling of financial stability from knowing your principal is safe and the interest income is reliable
  • An effective way of tracking and accomplishing your savings goals
  • A tool to help you cover unexpected expenses or self-insure purchases

But unlike the old days when you'd simply visit your nearest bank to open a savings account, there are lots of decisions to be made today. From Internet banking options to different savings account types, there's a lot to learn. But you can get the details here. 

Are all savings accounts created equal? >>

 

Compare savings accounts from today's top banks

 Account Type
 Amount

Type: Savings

Minimum to earn APY $0

0.95%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Member FDIC
  • ID Theft Resolution Services
  • Synchrony Bank was formerly GE Capital Retail Bank

Type: Savings

Minimum to earn APY $0

0.80%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Member FDIC. No minimums and no fees.

Type: Savings

Minimum to earn APY $0

0.95%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Trusted Name and FDIC-Insured. No Transaction Fees. Open Now!

Type: Savings

Minimum to earn APY $25000

0.95%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Built on the heritage of over 100 years.
  • Member FDIC.

Type: Savings

Minimum to earn APY $0

0.87%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • No minimum deposit to open.
  • No monthly maintenance fees.
  • Member FDIC.

Type: Savings

Minimum to earn APY $0

0.75%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Capital One 360: No fees. No minimums. No changing banks.

Type: Savings

Minimum to earn APY $5000

0.85%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Easy to open. Easy to fund. Easy to manage.
  • Free online banking and eStatements.
  • National network of free ATMs.

Type: Savings

Minimum to earn APY $0

0.90%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • No Minimum Balance
  • No Monthly Maintenance Fees
  • FDIC Insured

Type: Savings

Minimum to earn APY $100

0.90%APY

Rates as of 8/20/2014
FDIC Insured

Advertiser Comments

  • Secure Online Savings. 100% of Deposits are Fully Insured
  • High Yield Online Savings. Earn .90% APY with Small Min Bal
  • Checking Savings & CDs. Online Bill Pay & Mobile Banking

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Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.