Ask Terry Questions High Yield Savings Accounts

High Yield Savings Accounts

By Terry Savage on April 25, 2025 | Chicken Money

What are your thoughts on high yield savings accounts? I have yet to reach a comfort/trust level with on line banks that seem to be where you find the best rates on these.
Also, are the rates on high yield savings accounts variable?

Terry Says

That depends on who is offering this”savings account” — and the terms of the account.
Go to www.Bankrate.com to find FDIC-insured savings deposit or MM accounts with the highest rates for a specific term.

money

ASK TERRY

a personal
finance question