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What Is a High-Yield Savings Account (HYSA), and Why Should You Have One?

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A savings account is a basic type of bank deposit account where you can safely store your money while it (ideally) grows with interest over time. Think of a high-yield savings account as a traditional savings account on steroids, earning interest at a significantly faster rate. Below, we’ll explore the typical attributes of the best […]

The post What Is a High-Yield Savings Account (HYSA), and Why Should You Have One? appeared first on LendEDU.




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