The Federal Deposit Insurance Corporation (FDIC) insures online savings accounts and brick-and-mortar banks. If the bank has FDIC insurance and fails, up to $250,000 per account holder per account ...

The top rate on today's high-yield savings accounts is 5%. But this checking account pays just as much if you meet one ...

With the average savings account paying 0.38%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...

Most people think their money is safe in a savings account, but that safety comes at a huge cost. Here's what to know before ...

A key feature to look out for when shopping for a savings account is no banking fees.After all, that takes away from the money you can save. CNBC Select researched FDIC-insured savings accounts ...

These are the 10 high-yield savings accounts with the best rates for June 2025. All accounts in this ranking are insured by ...

CIBC Bank USA has an online savings account and CDs that you can open anywhere in the US. ... CIBC Bank USA is FDIC-insured. You may safely keep up to $250,000 in an individual bank account.

Synchrony is an online, FDIC-insured bank that offers a high-yield savings account with a 4.10% APY. The account doesn’t require a minimum deposit, minimum balance or the payment of monthly fees.

Good savings account interest rates are usually several times higher than the national average savings rate. As of June 2025, the average saving rate published by the FDIC is 0.38%, so a good rate ...

Money market accounts are FDIC insured up to $250,000, ... Money market accounts combine the flexibility of a checking account with the interest-earning potential of a savings account.

Both checking and savings accounts are FDIC-insured (or NCUA-insured for credit unions) up to $250,000 per depositor, institution, and account ownership. This keeps your money safe in case of a ...

Continue reading → The post Are Online Savings Accounts FDIC-Insured? appeared first on SmartAsset Blog. Compared to traditional banks, online banks tend to have lower overhead costs.