Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

A deposit account is a banking product that allows you to store and access your money safely. Four common types of deposit accounts are checking accounts, savings accounts, money market accounts and ...

Savings accounts are available mainly at federally-insured banks and credit unions, providing a secure means to store your money while earning a small to moderate amount of interest. Although many big ...

High-yield savings accounts earn significantly higher interest rates than traditional savings accounts — currently up to 4% APY compared to the national average of around 0.60% APY. These accounts ...

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 ...