The right savings account can greatly improve your financial ... which your bank will report on a 1099-INT tax form and send to you to include in your tax return. If you earn less than $10 of ...

High-yield savings ... account, don't forget that you'll need to report your interest as taxable income to the Internal Revenue Service when you're filing your tax return. You'll have to file a ...

Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.

If you want a way to maximize your interest earnings, you might be wondering—where can I get 5% interest on my savings accounts? Luckily, there are plenty of 5% interest savings accounts out ...

CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

Are Discover savings account interest rates worth it? The Discover® Online Savings Account interest rates are competitive, notably surpassing the national average and traditional brick-and-mortar ...

A good place to keep this money is in a high-yield business savings or money market account that also gives you checking account privileges. CNBC Select analyzed and compared business savings ...

Commissions do not affect our editors' opinions or evaluations. Savings accounts can be safe places to keep the money you don’t intend to spend right away. These accounts are useful when ...

Right now, the U.S. national average interest rate on savings account balances is nowhere near enough to keep pace with inflation. The good news is you can do better with high-yield savings accounts.

You can open a Discover Savings account by going online and filling out an application form. You'll need some personal information, such as a Social Security number and your physical address.