7  High-Yield Savings Accounts

If your cash is sitting in a 0.01% account at a big bank, you’re leaving real money on the table. A high-yield savings account (HYSA) at an online bank or via a money-market fund can pay many multiples more.

• What to look for in an HYSA
• FDIC / NCUA coverage
• Money market funds as an alternative
• When CDs and T-bills make sense