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Best High Interest Savings Account. High-yield savings accounts are a great place to store short-term savings you want to earn extra interest on but don't want to risk losing in the stock market. Choosing the best savings account can be confusing.

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A savings account-type financial instrument where the money is invested solely in cash and cash-equivalent securities. It's simply an account for you to put money in and earn interest. Includes the top easy access and fixed-rate accounts to help you find the most profitable home for your cash What is a savings account?

We evaluate savings accounts based on their annual percentage rate (the interest you receive), the minimum balance requirements, locations available, and the terms and conditions of having the account.

Some savings accounts come with high rates and low minimums.

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High yield online savings accounts are a great way to get interest on money that you may need in the short term. Choosing the best savings account can be confusing. A lot of high-yield savings accounts require you to make a minimum deposit in order to open an account.