Savings account

Explore the many types of savings accounts and learn how to choose the right options for your financial goals.

Editors' picks

8 Things to Know About Savings Accounts

8 Things to Know About Savings Accounts

By Marianne Hayes

Jun 25, 2024

High-Yield Savings Account vs. Traditional Savings Account

High-Yield Savings Account vs. Traditional Savings Account

By Jim Akin

Nov 4, 2023

What Is a High-Yield Savings Account?

What Is a High-Yield Savings Account?

By Kathryn Pomroy

Mar 23, 2023

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The Experian Smart Money™ Debit Card is issued by Community Federal Savings Bank (CFSB), pursuant to a license from Mastercard International. Banking services provided by CFSB, Member FDIC. Experian is a Program Manager, not a bank. Experian Boost^® results will vary. See disclosures.

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The latest from our experts

Best High-Yield Savings Accounts of February 2025

Find the best high-yield savings accounts for your savings goals.

By Louis DeNicola

Feb 12, 2025

How Do You Withdraw Money From a Savings Account?

You can withdraw money from your savings account by getting cash from an ATM, transferring...

By Karen Axelton

Jun 13, 2024

Savings Accounts vs. No-Penalty CDs: Which Is Better?

No-penalty CDs and savings accounts both earn interest while protecting your money. To cho...

By Karen Axelton

May 31, 2024

3 Signs You Need a New Savings Account

Here are three ways your current savings account may be falling flat, plus what to look fo...

By Evelyn Waugh

May 23, 2024

6 Myths About Savings Accounts—and the Facts

Do you think savings accounts are unsafe, don't earn money or require lots of cash to open...

By Karen Axelton

Feb 18, 2024

How to Save Money With a Tiered Savings Account

A tiered savings account can be a good place to keep your emergency fund or money you're s...

By Marianne Hayes

Jan 30, 2024

What Is an Online Savings Account?

Looking for a high interest rate and low fees? You could open an online savings account. L...

By Kim Porter

Jan 19, 2024

7 Reasons to Put Your Money in a High-Yield Savings Account

Putting your money in a high-yield savings account can offer safety, accessibility and abo...

By Karen Axelton

Jan 17, 2024

Why Do High-Yield Savings Account Rates Change?

If you have a high-yield savings account, here’s what you need to know about how interest ...

By Ben Luthi

Jan 15, 2024

11 Ways to Use a High-Yield Savings Account

You can use a high-yield savings account to save for an emergency fund, home or car down p...

By Karen Axelton

Jan 11, 2024

Can I Write Checks From My Savings Account?

Can you write checks from your savings account? Usually not, in part because most banks wo...

By Tim Maxwell

Dec 28, 2023

6 Alternatives to High-Yield Savings Accounts

High-yield savings accounts aren't the only savings option with better-than-average earnin...

By Tim Maxwell

Nov 13, 2023