Learn how to open a savings account, choose the right type, and secure your financial future. Begin your savings journey ...

The highest APY available changes frequently. As of October 29, 2025, Digital Federal Credit Union offers 5.50% APY on the first $1,000 deposited. Other institutions offer up to 5.00%, according to ...

A demand deposit account, or DDA, is a type of bank account that you can withdraw from on demand. The most common types of DDAs are checking and savings accounts, but money market accounts are also ...

Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates ...