Want to make your money grow faster? Many banks now offer high-interest savings accounts! Instead of tiny interest, you can earn much more.
- Some accounts offer up to 6.17% interest per year!
- This is way more than the average 0.41%.
- You can earn extra money just by keeping your savings in the account.
Bank | Interest Rate | Minimum Deposit |
---|---|---|
Digital Federal Credit Union | 6.17% (up to $1000) | $5 |
Varo Bank | 5.00% (up to $5000) | None |
Others | 4.20% - 4.55% | Varies |
But remember, interest rates can change. It's good to learn about saving money!