I Moved My Savings to a High-Yield Account, Now My Savings Rate Is Up 700%

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I Moved My Savings to a High-Yield Account, Now My Savings Rate Is Up 700%
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If you haven’t checked your savings account rate lately—it’s time.

So I spent the early weeks of January shopping around, focusing on high-yield savings accounts I’d heard about from colleagues and in my reporting.

My initial rate was 3.20%—a substantial step up from the interest rates of my previous accounts. That was only the start, though. Within weeks, I got an email saying the bank had automatically increased my rate. Then it happened again. And again. And again.

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