Maximizing Your Savings: The Benefits of Multiple Accounts and High-Yield Options
TL;DR Summary
With the current high-rate environment, it may be time to consider opening a new or secondary savings account to ensure you're earning the top yield. Multiple accounts can offer additional FDIC coverage and help you achieve specific savings goals. Opening a savings account generally won't have a negative impact on your credit score, and the process of opening and managing multiple accounts is relatively painless and simple.
Topics:business#credit-score#fdic#interest-rates#multiple-accounts#personal-finance#savings-accounts
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