Personal banking is important, and something not to make light of. Sometimes just choosing the correct financial service provider will save you some money and earn you a higher interest rate, all it takes is a little bit of patience, and a whole lot of research to find the very best financial service provider for you.
Don’t worry though, we have done some homework ourselves, and came up with this list of the best saving accounts you can have in 2018. All you need to do is read our review and decide whether it is for you, simple as that! But first, here’s what you need in order for you to actually open that savings account:
Personal information including your social security number, name, surname, address.
If you have another savings account, you will need to provide that account’s routing number.
An official ID issued by the government.
Do you have everything ready? Let’s take a look at some of the best savings accounts you can have in 2018.
With an American Express savings account you can expect a whole lot of savings and a staggering APY of 1.35%, and you won’t be paying any hidden monthly fees or costs. As a financial service provider Giant, American Express offers clients 24/7 access to friendly customer care.
An online savings account at Discover will afford you just as many benefits, with an annual percentage yield of 1.30%. You won’t be expected to pay a deposit to open the account, and you won’t be charged a monthly fee. What’s more, is you can earn a bonus of $200 just by opening your Discover savings account.
Synchrony Bank’s savings account holders can enjoy peace of mind knowing the service provider is FDIC Insured, convenient banking services via phone, desktop, or ATM and an amazing APY of 1.45%. You won’t be charged a deposit or monthly fee either, saving is definitely made easy when you bank with Synchrony Bank.
As a new customer, Chase offers you a bonus of $150. But this is just one of the many benefits you can enjoy when opening your Chase savings account. You will, however, be charged a minimal monthly fee of $5 and a lower APY of 0.01%.
Barclays won’t charge you a cent, there are no hidden costs and customers enjoy a very high APY of 1.40%. You will have access to your account 24/7 by using their state of the art website or app, and assistance from the service provider in making the most of your savings account.
We hope you have found a viable option in our list of the best savings account to open in 2018. With banking services like these, your personal finances will definitely start to flourish. If you enjoyed this article, be sure to read our post on How to Budget Like a Pro, where we give you some other handy saving tips.