You should reconsider the bank you use, at least for some of your savings. Chances are, if you're a customer at one of the major retail banks, you’re leaving real money on the table.
High-yield online savings accounts are finally starting to feel like they are in fact, high-yielding — or at least higher yielding than they’ve been in recent years.
After keeping their rates depressingly low during the pandemic and for the first half of this year, firms like Synchrony and Goldman Sachs Group Inc.s’ consumer bank Marcus have started to offer more. For example, Marcus recently bumped its payout for a savings account to 1.9%, or 2.9% (for three months) for customers who refer a friend.
