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High Yield Savings Accounts

Your savings can be the gift that keeps on giving if you manage it well.

A savings account isn't the only a place to hole away your money.

There are savings accounts that allow your money to increase over time based on the interest rates associated with the account. High yield savings accounts can offer massive returns.

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This is especially the case if you want to beef up your savings account fast. 

So how do you go about opening one of these special accounts? Read on for a deep dive into the subject.

Exploring Your Savings Options

First, go exploring. Like in many situations, you don’t want to settle on the first high yield savings account you find. Research as many banks that offer such accounts as the Internet can put in front of you. Review all of the ones that are pertinent to you and your needs, and see if their sign up requirements are reasonable for you.

Consider brick and mortar banks as well as those that are strictly online. This will give you a more complete understanding of different interest rates available. Be wary, though — Some accounts come with mandatory stipulations. You may have to deposit a certain amount of funds to open the account, as well as maintain monthly balance minimums.

Working With FitnessBank

Another big plus is that many of these accounts are simple to access. Unlike other accounts that may put a grace period or restrictions on withdrawing funds, these can have fewer obstacles for you to overcome.

Watch for new information as we update our blog archives weekly with solid articles to help you navigate your financial journey. For more on the services that FitnessBank offers, contact us today.

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Get Started.

To open your new checking or savings account in minutes, you will need your 

  • Driver’s License or Passport 
  • Social Security Number 
  • Current Bank Account & Routing Number

FitnessBank is a division of Affinity Bank. FitnessBank and Affinity Bank are the same entity for the purpose of calculating FDIC insurance limits and deposits. Effective September 15, 2023, the Bank converted from a federal savings association to a national bank, and as a result, the Company became a bank holding company instead of a savings and loan holding company. FitnessBank is not responsible for and has no control over the subject matter, content, information, or graphics of the websites that have links here. Please contact us with any concerns or comments.  ©2022-2023 All Rights Reserved.

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As of &zwnj, the interest rate(s) and annual percentage yield(s) are accurate. Interest rates may change as often as daily without prior notice. Fees may reduce account earnings. Rates are valid for accounts opened online and require a valid email address.The interest rate on this account is based on the Average Daily Steps from the prior month. Rate updates for average daily steps from the prior month are reviewed no later than the second week of the following month. The initial APY will be current top tier until the rate adjustment date following first full month that the account has been opened. Rates are valid for accounts opened online and require a valid email address.