High-yield checking accounts offer the convenience of checking accounts, with growth potential similar to savings accounts. Though most banks offer some form of high-yield checking, many people are unaware that they exist. But these accounts can be great for certain people who wish to grow their wealth.
For those among us who tend to keep large sums of money in regular checking accounts, we could be missing out on yearly interest. A high yield checking account can pay anywhere from .2% to 3.25% interest rates. That’s better than your regular checking account, which earns no interest.
Learn more by reading this full article.