Give Yourself the Raise You Deserve!
Give Yourself the Raise You Deserve
It’s been brought to our attention that many individuals are still a little bit behind the high-yield savings account bandwagon. It’s certainly nothing to be ashamed of. Everyone is entitled to do as they wish with their own money, and each individual’s wants, needs, and risk tolerances are quite unique. That being said, we’ve done some research and compiled this table below for you to use as a reference. This table is not intended to be all inclusive, but more of a guideline to help you see the potential benefits of using a high-yield savings account. The APY Rates are accurate as of 11/30/2022, but they are variable rates, so you’ll want to check out the current offer before making any commitments.
|
Rates for Personal Savings Accounts (11/2022) |
|||||||
|
Bank |
Rate (APY) |
Balance Adjusted Rate (Y/N) |
Minimum Balance |
Minimum Initial Deposit |
Annual Fees |
Annual Income: $10k |
Special Notes |
|
3.00% |
Unknown |
$0 |
$0 |
$0 |
$ 300.00 |
|
|
|
3.00% |
Unknown |
$0 |
$0 |
$0 |
$ 300.00 |
|
|
|
3.75% |
Unknown |
$1 |
$500 |
$0 |
$ 375.00 |
|
|
|
3.00% |
No |
$0 |
$0 |
$0 |
$ 300.00 |
|
|
|
3.25% |
Unknown |
$0 |
$100 |
$0 |
$ 325.00 |
|
|
|
3.00% |
Unknown |
$0 |
$0 |
$0 |
$ 300.00 |
|
|
|
3.25% |
No |
$0 |
$100 |
$0 |
$ 325.00 |
|
|
|
3.10% |
No |
$0 |
$0 |
$0 |
$ 310.00 |
|
|
|
3.00% |
Unknown |
$0 |
$0 |
$0 |
$ 300.00 |
|
|
|
3.00% |
Unknown |
$0 |
Unknown |
$0 |
$ 300.00 |
Direct Deposit Required |
|
|
3.64% |
Unknown |
$1 |
$0 |
$0 |
$ 364.00 |
|
|
|
3.83% |
Unknown |
$0 |
$0 |
$0 |
$ 383.00 |
Some Accts have minimum balance requirements |
|
|
3.52% |
No |
Unknown |
$100 |
$0 |
$ 352.00 |
Cornerstone Money Market Account |
|
*All banks are member FDIC
*Bowers Private Wealth Management is not affiliated with any of the above-mentioned banks.
*This list is provided as a reference only, and should not be considered as individual financial advice.
*Banks may offer additional options not shown here, such as money market accounts or CDs that have a different APY.
*Some restrictions may apply that are not listed above
Check out the links below for more options and their ratings.