Best High-Yield Savings Accounts in September 2022

Best available rates across different account types for August 2022.

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What is a high-yield savings account?

A high-yield savings account is a type of savings account that offers a higher interest rate than a traditional savings account. This means that you can earn more money on your savings over time.

There are many different types of high-yield savings accounts available, so it's important to compare rates and terms before selecting one.

If you're looking for a way to grow your savings, a high-yield savings account may be a good option for you. Just be sure to shop around and compare rates before selecting an account.

How can you open a high-yield savings account?

Opening a high-yield savings account is similar to opening a traditional savings account. You'll need to provide some personal information and choose a password.

Once you've opened your account, you can deposit money into it and start earning interest on your savings.

To get started, compare rates and terms from different banks and credit unions. Once you've found an account that meets your needs, you can apply for it online or in person.

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Brian Meiggs
Brian Meiggs
Brian is an entrepreneur and investor who enjoys working out, reading, spending time with his family and friends, traveling and creating great content. He’s passionate about helping others achieve their financial goals by finding the best ways to save money. He uses the free Personal Capital app to manage his cash flow and net worth. He is the CEO of MeiggsMedia, an online publishing company that manages a portfolio of websites like SavingExpert. He has been quoted as a top personal finance blogger in major publications including Yahoo! Finance, NASDAQ, Discover, MSN Money and more.