{"id":5030,"date":"2021-04-16T10:34:00","date_gmt":"2021-04-16T17:34:00","guid":{"rendered":"https:\/\/www.soundcu.com\/?p=5030"},"modified":"2025-06-11T11:42:59","modified_gmt":"2025-06-11T18:42:59","slug":"save-money-with-high-yield-checking-savings-accounts","status":"publish","type":"post","link":"https:\/\/www.soundcu.com\/blog\/save-money-with-high-yield-checking-savings-accounts\/","title":{"rendered":"Save Money With High-Yield Checking &amp; Savings Accounts"},"content":{"rendered":"<div class=\"co-flex_row co-flex_row__blue co-flex_row__last co-flex_row__long-form-text\" >\n\t<div class=\"co-flex_row--row co-row\">\n\t\t\t<div class=\"co-long_form\">\n\t\t\t\t\t<div class=\"co-long_form--block co-long_form--block__nomedia prow items-start \">\n\t\t\t\t<div class=\"co-long_form--text pcol-md:8\">\n\t\t\t\t\t<div class=\"co-long_form--content\"><p style=\"text-align: left;\">When was the last time you took a look at your checking and saving account options? Are your accounts working for you? Are you making the most on your money? A high-yield checking or savings account may be the perfect option for you to maximize your money.<\/p>\n<h2>How Do High-Yield Checking Accounts Work?<\/h2>\n<p style=\"text-align: left;\">High-yield checking accounts work the same way as standard checking accounts:<\/p>\n<ul style=\"text-align: left;\">\n<li><a href=\"https:\/\/www.soundcu.com\/open-an-account\/\"><strong>Open an account<\/strong><\/a> at a financial institution, either online or in person. A minimum deposit may be required.<\/li>\n<li><strong>Learn the terms of the account.<\/strong> Some accounts may require that you maintain a minimum balance to earn interest and avoid account maintenance fees.<\/li>\n<li><strong>Earn interest on your balance.<\/strong> High-yield accounts feature competitive variable interest <a href=\"https:\/\/www.soundcu.com\/rates\/personal\/checking-savings\/\">rates<\/a>. They give you an opportunity to earn more for your money so that your funds grow faster.<\/li>\n<li><strong>Withdraw or deposit money as needed.<\/strong> Depending on your financial institution, you may be charged a fee if you do not meet minimum transaction requirements.<\/li>\n<li><strong>Keep track of your account <\/strong>through online or mailed monthly statements. Some financial institutions require a specific number of logins to your account each month.<\/li>\n<\/ul>\n<h2 style=\"text-align: left;\">What Is A High-Yield Savings Account?<\/h2>\n<p style=\"text-align: left;\">A <a href=\"https:\/\/www.soundcu.com\/personal\/high-yield-savings\/\">high-yield savings account<\/a> is a secure place to set aside money for emergencies, unexpected expenses or long-term goals.<\/p>\n<p style=\"text-align: left;\">You can withdraw funds if you need to and deposit money into your account at any time. Your account will receive a competitive annual percent yield, which contributes to the growth of your money.<\/p>\n<p style=\"text-align: left;\">Whether you are stashing away money for a rainy day or your next big purchase, a high-yield account can be a great option for reaching your goals.<\/p>\n<h2 style=\"text-align: left;\">How Do I Choose A High-Yield Account?<\/h2>\n<p style=\"text-align: left;\">Not all accounts are the same and not all financial institutions offer a high-yield checking account.\u00a0 You can research accounts to get started. Once you feel comfortable with your high-yield checking account, you can explore high-yield savings accounts, as well.<\/p>\n<p>Content courtesy of our partners\u00a0<a href=\"http:\/\/www.greenpath.com\/SoundCU\" target=\"_blank\" rel=\"noopener\">GreenPath Financial Wellness<\/a>.<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Whether you are stashing away money for a rainy day or your next big purchase, a high-yield account can be a great option for reaching your goals. <a href=\"https:\/\/www.soundcu.com\/blog\/save-money-with-high-yield-checking-savings-accounts\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":10,"featured_media":5031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_searchwp_excluded":"","footnotes":""},"categories":[50],"tags":[152,153,154,59],"class_list":["post-5030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-finances","tag-checking","tag-high-yield-checking","tag-high-yield-savings","tag-savings"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts\/5030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/comments?post=5030"}],"version-history":[{"count":5,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts\/5030\/revisions"}],"predecessor-version":[{"id":15814,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts\/5030\/revisions\/15814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/media\/5031"}],"wp:attachment":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/media?parent=5030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/categories?post=5030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/tags?post=5030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}