3 Ways You Could Lose Money With Your High-Yield Savings Account
The Motley Fool
NOVEMBER 19, 2024
Image source: Getty Images A high-yield savings account should be a good place to keep some of your money. High-yield accounts usually pay well above the national average interest rate and are a way better option than standard savings accounts that are currently paying an average of 0.45%, according to the FDIC. In some cases, though, you could actually end up losing money with your high-yield savings account.
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