What are high yield checking accounts?

Answer Some banks and credit unions offer checking accounts that will pay you interest on the money you have in your account. High yield checking accounts will pay you a higher interest rate than other ty... Read More »

Top Q&A For: What are high yield checking accounts

Are high yield accounts safe?

On One Hand: There is Always RiskHigh-yield accounts may promise riches and may deliver, but there is risk involved. If you're a young investor, placing a small investment in a high-yield account i... Read More »

How to Compare High-Yield Savings Accounts?

High-yield savings accounts pay a higher annual yield than standard savings accounts. Typically, high-yield savings accounts have requirements that have to be met each month in return for a higher ... Read More »

How to Compare High-Yield Money Market Accounts?

No matter how much or how little money you have to put away, you want to make the most of those funds. Using a bank's high-yield money market account to keep your money safe and available is one of... Read More »

Are checking accounts insured as saving accounts are?

The Federal Deposit Insurance Corporation (FDIC) insures all bank checking and savings accounts up to $250,000. However, the coverage amount is subject to change in January 2014, according to the F... Read More »