Everyday people explain why they love high-yield savings accounts

If your savings are sitting in an account earning less than 1% in interest, you’re missing out.

Dozens of banks, financial institutions, and even robo-advisers offer high-yield savings accounts with no fees, low minimum balances, and great earning potential. Storing your savings there can help them grow, while keeping them completely safe from investment risk.

Everyday people use high-yield savings accounts to keep track of separate savings goals, curb impulse spending, and grow their money safely.

Here’s why six people say moving their money into a high-yield savings account was the right decision for them: