When you think of interest-generating bank accounts, your mind likely goes to savings. After all, that’s your reward for building an emergency fund or socking away money for a future expense, right? A ...

Money market accounts act as hybrids of checking and savings accounts ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...

Not all checking accounts pay interest. Among those that do, the numbers are pretty dismal — the average only pays 0.07%, according to the latest government data. Despite those low returns, dozens of ...

Checking account fees can nickel and dime you. Charging Americans to keep their funds in checking seems a bit silly, considering how few checking accounts pay interest. Even if you're only paying a ...

The Federal Reserve announced yesterday that it's keeping benchmark rates unchanged a second time while signaling two possible rate cuts later this year. Among the many ways the Fed's decision can ...

A high-yield savings account has a higher annual percentage yield (APY) than a traditional savings product. Your APY is the amount of interest your account accrues in a year. The interest in some ...

In a traditional savings account earning about 0.4%, $2,500 would generate roughly $10 in interest over a year. In a ...