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Whenever you put your cash right into a checking account, not solely would you like your hard-earned money to be secure — you additionally need it to develop.
But the cash you earn in curiosity at most banks nowadays is downright pitiful. You’ll be fortunate should you earn 1 / 4 on the finish of the yr.
However an on-line financial institution referred to as Vio has one of many highest incomes charges you’ll see — as much as 70% greater than different high-yield financial institution accounts. That might be some severe curiosity in your account each month.
Earn 1.03% APY* on Your Financial savings
If you happen to’re in search of a strong financial institution to maintain your financial savings in and earn extra curiosity on it, Vio is an online-only financial institution providing 1.03% APY* (Annual Proportion Yield) to assist your cash develop in a cash market. Different high-yield financial savings accounts’ rates of interest don’t come shut — the closest is greater than 70% much less.
Not solely does it pay nicely, nevertheless it additionally prices nothing to open an account (however you do have to switch no less than $100 to maintain it open).
Safety can be high notch. You possibly can depend upon bank-level encryption, FDIC insurance coverage as much as $250,000, with the very best degree safety you possibly can receive.
There’s a cause why Vio has been named the very best high-yield financial savings account by web sites like Fox Enterprise, CNet and CNBC. And it has an A+ score from the Higher Enterprise Bureau.
Getting Began
If you happen to’re in search of a greater place to develop your cash, open a free Vio Cornerstone Cash Market Financial savings Account.
On-line banking has confirmed to have higher charges than brick and mortar banks, because of the decrease overhead prices. So should you’re able to earn extra, Vio might be the precise place to your funds.
If you happen to’re prepared to save lots of smarter and earn extra, it takes just some minutes to apply for a free account with Vio.
Kari Faber is a employees author at The Penny Hoarder.
*See viobank.com for extra particulars.
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