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The 6 BEST High Yield Savings Accounts of 2024 

Danny Sully
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2 окт 2024

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Комментарии : 71   
@DannySully
@DannySully 7 месяцев назад
Do you have any of these accounts? If so, which one(s) and why - Enjoy! Direct links mentioned in this video: 🏦 SoFi Checking & Savings (Up To $325 Cash Bonus): dannysully.link/SoFi 💸 Marcus By Goldman Sachs (+1.00% APY): dannysully.com/Marcus 💵 Wealthfront (+0.5% APY): dannysully.com/Wealthfront 🎥 High Yield Savings Accounts For Beginners ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-UCjP87-u74Q.html 🐷 Free Savings Account Mastersheet: moneytalkmonday.ck.page/savings-account-mastersheet
@tennesseewalkers9398
@tennesseewalkers9398 7 месяцев назад
After watching your video on HYSA for beginners I switched my savings over to one and have made $157 since then! It’s sad that with inflation so high, if we don’t pay attention to our money management we are basically losing value in our accounts. Thanks for the videos. They are informative, concise and well done.
@DannySully
@DannySully 7 месяцев назад
That is great! Thank you for sharing, that means a lot to me to hear that. Thank you for following my content!
@magno408_1
@magno408_1 7 месяцев назад
Which bank ?
@tennesseewalkers9398
@tennesseewalkers9398 7 месяцев назад
@@magno408_1 it’s a Capital One 360 Performance Savings Account. I deposited $7000 in July of 2023.
@redscorpion9325
@redscorpion9325 7 месяцев назад
Facts,I’ve been telling People we’re losing value on our money so if they’re not going to invest at least leave money on High Yield Savings Accounts that have good interest but the Person I told is too scared to move that money to another Bank because he’s been with his Bank for Decades even though they only offer 0.01% interest rates🤦🏽‍♂️instead of get 5% or higher and knowing he’s definitely got a good amount saved that he could get possibly get 1K a month or more if he listens to me about High Yield Savings Account
@daytoncasale2992
@daytoncasale2992 7 месяцев назад
I just binged all your videos the past two days. Thank you so much for all this valuable information! Subscribed and going to keep tabs on this channel going forward.
@DannySully
@DannySully 7 месяцев назад
Wow that means a ton!! I appreciate you very much, thank you! I’ll continue to do my best!👌
@17EZQ
@17EZQ 6 месяцев назад
Syncrony bank has a very good rate too, i have my hysa.
@michaelschainost4243
@michaelschainost4243 7 месяцев назад
What about CIT Bank? I was sure it was your video that convinced me last year and still paying over 5%.
@DannySully
@DannySully 7 месяцев назад
Great question! And thanks for noticing! I do like CIT bank and yes I have done so in a previous video last year. For this video I first wanted to narrow it down to only a few options. For an account meant for the highest flat yield possible, currently UFB direct offers 5.25% and CIT Bank is 5.05%. I wanted to select only one high flat yield account for this video. Nothing wrong with CIT at all, I think it is a great resource to utilize. UFB Direct currently is just giving out a higher flat yield. Thanks for the comment and for watching my content, it means a lot to me!
@icecold6400
@icecold6400 3 месяца назад
I'm with CIT for a year now. Interest paid at months end like clock work. Presently at 5% down from 5.05%. Luv them.
@MONICAKARP
@MONICAKARP Месяц назад
Does Ally have a minimum deposit to start receiving the high interest rate?
@DannySully
@DannySully Месяц назад
No they don't!
@JamesGore-z5d
@JamesGore-z5d 7 месяцев назад
What about the Raisin banking network? They have some high APY accounts...
@Werewolf0216
@Werewolf0216 3 месяца назад
If compounded daily with Ally, shouldn't you actually earn more than $435?
@MONICAKARP
@MONICAKARP Месяц назад
What is the required minimum to deposit in Ally to get the high interest rate?
@DannySully
@DannySully Месяц назад
For Ally, it is $0.
@kimr.9906
@kimr.9906 4 месяца назад
Bask Bank is 5.10%
@priyankad5537
@priyankad5537 6 месяцев назад
Hi, Do I still earn interest in my Sofi HYSA on the amount that is deposited so far if the direct deposits stop?
@HaileeHorrorPro
@HaileeHorrorPro 6 месяцев назад
It will reduce to 2.5% apy
@joaquinrenteria5424
@joaquinrenteria5424 7 месяцев назад
Hey bro do we have notify IRS about the gains on our HYSA?
@DannySully
@DannySully 7 месяцев назад
Yes, a 1099-INT form will be created for you!
@joaquinrenteria5424
@joaquinrenteria5424 7 месяцев назад
@@DannySully thanks dude
@Nonofthi
@Nonofthi 29 дней назад
for capital bank wats the limit u can transfer Money into the HYSA account or limit u can pull out ?
@DannySully
@DannySully 28 дней назад
This is from their website: Account transfer limitations. Our savings and money market accounts permit no more than six (6) transfers per statement cycle to a third party or to any of your other deposit accounts at Capital One. There is no limit in the number of transfers that you may make into your account. Note: We are currently not enforcing the transfer limits. You'll be notified if we choose to re-impose these limits. The total daily limit when depositing checks at an ATM is $999,999.99. There is no limit on the amount of an individual check up to this amount. When depositing cash at an ATM there is no daily cash deposit limit up to our $5 million total deposit limit. The one-time cash deposit maximum is generally $5,000.
@Nonofthi
@Nonofthi 28 дней назад
@@DannySully so is it like 6 withdrawals from a savings account in 1 month? and I can withdrawal as much money I want between those 6 times ?
@truckchefro4534
@truckchefro4534 7 месяцев назад
What about American Express savings account?
@DannySully
@DannySully 7 месяцев назад
That one is solid as well!
@papatadzRN
@papatadzRN 7 месяцев назад
I will try this
@isaifigueroa7676
@isaifigueroa7676 6 месяцев назад
Your referral link doesn’t work, send me your link!
@DannySully
@DannySully 6 месяцев назад
Hey, which one exactly is it that doesn’t work? Thank you for letting me know!
@Malebudgeter
@Malebudgeter 7 месяцев назад
Thoughts on discover ?
@DannySully
@DannySully 7 месяцев назад
Also a solid one to consider joining!
@badtoro
@badtoro 7 месяцев назад
Stay away for now with capital one possibly buying them
@JunkoKritikos
@JunkoKritikos 6 месяцев назад
This video on the best high yield savings accounts of 2024 is a real game-changer! 💰💼 It's incredibly informative, breaking down the top options for maximizing savings in the current financial landscape. With interest rates constantly fluctuating, having this kind of up-to-date guidance is invaluable for making smart financial decisions. Whether you're saving for a rainy day or working towards a big goal, these accounts offer a fantastic way to grow your money while keeping it safe. Definitely a must-watch for anyone looking to optimize their savings strategy!
@DannySully
@DannySully 6 месяцев назад
Thank you for this comment, it means a lot!
@papatadzRN
@papatadzRN 7 месяцев назад
What about Raisin?
@justaregulardude1646
@justaregulardude1646 7 месяцев назад
Almost went to chase lol gonna keep them for checkings tho 😊
@DannySully
@DannySully 7 месяцев назад
Nice! I love using Chase for their credit cards!
@ellecapri2386
@ellecapri2386 7 месяцев назад
Thank you so much for educating us how to save our money. 🙏
@DannySully
@DannySully 7 месяцев назад
Of course! And thank you for your kind words!
@SeanWilson-r6o
@SeanWilson-r6o 7 месяцев назад
checkout the SOFI 2% IRA Boost as well.
@DannySully
@DannySully 7 месяцев назад
Yes that is neat they are doing that as well!
@bradleyredmond7850
@bradleyredmond7850 6 месяцев назад
I just signed up for Ally but they are now at 4.25%. Was there a Federal Reserve rate cut since you made this video?
@DannySully
@DannySully 6 месяцев назад
The fed March meeting noted rates stayed unchanged but there will be more cuts this year. This was only a few days ago they met. Great question! Banks like Ally can change their rates however and whenever they want though.
@bradleyredmond7850
@bradleyredmond7850 6 месяцев назад
@@DannySully Ah ok. So they probably lowered their rate based on expectations of future rates.
@moiselj19
@moiselj19 7 месяцев назад
You are so hepful.. Thanks a lot🙏🏽👍🏽
@DannySully
@DannySully 7 месяцев назад
I’m glad to hear that! Thanks for your kind words!
@moiselj19
@moiselj19 7 месяцев назад
@@DannySully I have used your advice for my Roth Ira and index funds
@m.ehtizan
@m.ehtizan 7 месяцев назад
Hey Danny, I just watched your video and I must say that it was really informative and well-made. I was wondering if I could help you edit your videos and repurpose your long videos into highly engaging shorts? I can also make high CTR thumbnails for your channel
@maannndo
@maannndo 7 месяцев назад
Can you cover Health Savings Accounts?
@DannySully
@DannySully 7 месяцев назад
I for sure will add that to my list, thank you!
@MrPio6
@MrPio6 7 месяцев назад
What’s your opinion on the moomoo 8.1% for new accounts?
@traderstatusquo
@traderstatusquo 7 месяцев назад
what are the eligibility requirements with moomoo?
@sl5946
@sl5946 7 месяцев назад
What are your thoughts on the AMEX high yield savings account?
@DannySully
@DannySully 7 месяцев назад
Solid account! It was in my considerations but there are so many, I wanted to narrow it down to 6.
@ebells33
@ebells33 7 месяцев назад
Great video!! Thanks
@DannySully
@DannySully 7 месяцев назад
Thank you! I’m glad to hear that :)
@badtoro
@badtoro 7 месяцев назад
FFS it’s pronounced Al-lie bank. No credibility with this content creator
@firststar2
@firststar2 7 месяцев назад
Sofi is annoying to open.
@avuvuwewe
@avuvuwewe 7 месяцев назад
That's true, they ask me basic question when I applied and they also send me a message to gather more my personal information
@jkow814
@jkow814 7 месяцев назад
But how long have these HYSA been at these high interest rates ?
@DannySully
@DannySully 7 месяцев назад
They have risen significantly over the past 2 years as the fed has hiked rates. They will still give out higher yields than traditional ones mentioned like Chase, Wells Fargo, etc even in times of low rates.
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