Need To Save and Gain Interest?
- Get link
- X
- Other Apps
Need To Save and Gain Interest? Here is a List of 5 Banks I Put Together for You that Help With That.
Banks
typically do not offer 4% interest per month on savings accounts, as this would
equate to an annual interest rate of over 48%, which is highly unusual.
However, some banks do offer annual percentage yields (APYs) above 4% on
high-yield savings accounts. Below are five financial institutions that, as of
now, offer competitive APYs close to or above 4% on savings accounts:
1. UFB Direct: Offers a high-yield savings account with an APY of
around 5.25%.
2. Primis Bank: Provides an APY of around 5.03% for savings
accounts.
3. Western Alliance Bank (via savings platforms): Offers competitive rates through various savings
platforms, with rates around 5.25%.
4. Vio Bank: Offers a high-yield savings account with an APY of
about 4.85%.
5. LendingClub Bank: Offers a high-yield savings account with an APY of
around 4.75%.
These
rates are subject to change, and they represent annual interest, not monthly.
High-yield accounts may have conditions, such as minimum balances or specific
terms, so it's always a good idea to check the bank's terms directly.
Comments
Post a Comment