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Personal Finance
HomeForumsPersonal FinanceBest High-Yield Online Savings Accounts?
Lieren Schuette's profile image
Lieren Schuette's profile image
Lieren Schuette
  • Rental Property Investor
  • from Effingham, IL
  • Member since Nov 17, 2021
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Lieren Schuette's profile image
Lieren Schuette's profile image
Lieren Schuette
  • Rental Property Investor
  • from Effingham, IL
  • Member since Nov 17, 2021
Connect
Lieren Schuette
  • Rental Property Investor
  • Effingham, IL
22
Votes |
46
Posts
Personal Finance

Best High-Yield Online Savings Accounts?

Lieren Schuette
  • Rental Property Investor
  • Effingham, IL
Posted Apr 26 2023, 06:57

What online savings account is everyone using?  

I have been using Marcus by Goldman Sachs for a couple of years now and have been happy with it, but have recently started to wonder if other online banks offer better rates.  When I originally put my savings into Marcus, it offered the best APY rate at 0.5%.  It has increased steadily over the past couple of years and is now at 3.90%.  

I did a little bit of digging, and it looks like CiTBank has one of the best APY rates at 4.75%.  I also saw that CFG Bank is offering 5.02% for their online money market account.  

Any recommendations from the BP Community?  

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