Looking to reach your savings goal more quickly? Here are the 5 best high-yield savings accounts of May 2020.
Up to 6 free withdrawals or transfers per statement cycleATM access if you have a checking accountOverdrafts over $50 will cause transactions to be declinedWho's this for?
Varo stands out because of its uniquely tiered APY program that encourages you to save more. While you can take advantage of a 1.61% APY regardless of your account balance, you can earn up to 2.80% APY if you meet certain monthly requirements: Account holders must make a minimum of five purchases using their Varo Visa® Debit Card, have direct deposits totaling $1,000 or more each month and keep a savings account balance no higher than $10,000 all in the same month.
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