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See the section below on Deposit amount required to qualify. High-yield savings accounts are a non-client promotion.
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See the section below on Deposit amount required to qualify. High-yield savings accounts are a non-client promotion.
Online banks, credit unions and nonbank providers offer some of the best savings rates on the market while charging fewer fees than traditional banks. Funds in high-yield savings accounts can generally be withdrawn at any time, though there may be a limit of six per month for certain types of withdrawals. The main reason for opening the account was the high annual percentage yield APY and no fees for withdrawals.