If you're saving for several goals at the same time, you might want to find a savings account, like the Ally Bank Savings Account, which allows you to earmark funds for different purposes.
Here are a few of the factors that you'll want to look for:AdvertisementA high interest rate: The typical savings account earns .07% interest, but you can earn much more by looking for a high-yield savings account.
The only difference between these two types of accounts is the fact that high-yield savings accounts earn more, so it's worth opting for one of these over a traditional savings account.
The typical savings account earns .07% interest, but you can earn much more by looking for a high-yield savings account.
The only difference between these two types of accounts is the fact that high-yield savings accounts earn more, so it's worth opting for one of these over a traditional savings account.
Persons:
—, you've, You'll, you'll, Bradley
Organizations:
Service, Ally Bank, Federal Deposit Insurance Corporation, National Credit Union Administration