High Yield Savings Account – Checking Account with Yields Over 4% Today

If you have a large amount of money in your checking or savings account you will want to get a high yield. By searching for high yield savings account you are likely to find many options from national banks. If you are looking at regional banks or local community banks you could find yields over 4% today.


It is extremely important to understand that you can only apply for a local community bank checking account if you live in a specific area. If you do live in an area with a high-yield checking account bank you could see yields that are very impressive compared to national banks.

By doing your research online you are likely going to find that there are many local community banks that are offering yields over 4% on a checking account. You must understand that there are some restrictions to these checking accounts. You will have to use an ATM or debit card at least 10 times a month and will likely also have to have one electronic transfer into the account once a month.

If you can meet these restrictions then there is no reason that you cannot get a high yield on your checking account. It is also important to know that you can only get this high yield on up to $25,000. Anything above this amount will get the low interest-rate that most national banks are offering.

Author: Mike Garner