Top 5 High Yield Savings Accounts (HYSA)
With interest rates rising, high yield savings accounts are attractive once again! Today's video goes over the 5 best ones out there. HYSAs are the perfect place to store funds for an emergency, vacation or a house. Enjoy!
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Features of these high yield savings accounts include competitive interest rates, FDIC insurance, no minimums or fees and easy-to-use websites. Common downsides are limited access to in-branch facilities and ATMs as most of them are online.
I also talk about alternative savings vehicles like I bonds and Certificates of Deposit (CD) towards the end of the video.
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I want to share stories and lessons learned while first moving to America, planning my journey to financial literacy, and adopting best practices into my life. As an international, it was difficult to find relevant resources to understand the aspects of life that were different in a new country. This channel is a comfortable space to have those discussions and help each other out!
DISCLAIMER:
1. The advice provided in this video is for informational/entertainment purposes only. The creators take no responsibility for any actions or decisions you may take based on the contents of the video. Please consult a professional for strategies related to your specific needs.
2. All the numbers/information are presented as of the video filming date and may change by the time viewers end up watching the video.
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