With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

A joint bank account can be handy when combining or sharing your finances. Whether you're saving for a mutual goal with your significant other, sharing bills with your spouse, teaching money ...