Copyright fool
As you can see, there's no comparison. and even if interest rates keep falling as expected, the difference will still be massive. Some of the best HYSAs also come with perks like: No account fees or minimum deposit requirementsNo-fee overdraft coverageEarly paycheck accessFDIC insurance up to $250,000, just like Wells Fargo Ready to earn hundreds more on your savings? Check out our full list of the best high-yield savings accounts today. Opening an HYSA is a breeze, too Moving your money to a high-yield savings account is quick and easy. It took me less than half an hour to open mine -- and I did it without leaving my couch. Here's how you can get started: Compare top options. Look for HYSAs with a high APY and no fees.Apply online. Applications are usually quick and easy.Transfer your funds to your new account.Move direct deposits and other automatic transfers to your new account, too. Once you're all set up, you can even close your old account if it no longer serves a purpose. That was the last step for me -- calling Wells Fargo and closing up shop. To be honest, it felt like the end of an era -- and the start of an exciting, more profitable one. For an easy way to earn more on your cash, I highly recommend you do the same. Want to earn 4.00% APY or more on your money? See our full list of the best high-yield savings accounts available now.
