Online savings accounts have turned a few taps on a phone into a full banking relationship, often with higher yields than traditional branches and fewer fees. That convenience comes with a tradeoff: ...
SHORT ANSWER: No, money in an online savings account is not stuck, but it may not be growing as quickly as it could be if it were invested in other vehicles. A savings account is a safe and accessible ...
A high-yield savings account is a great way to store your money if you want to ensure it's earning the most interest possible. High-yield accounts generally work the same way as other savings accounts ...