Ally is an online-only bank with good rates on savings and CDs. You can earn interest on checking balances and use more than 43,000 U.S. ATMs for free., Savings accounts that earn more than 4% annual percentage yield are high-yield, meaning they help your money grow faster than an average savings account., When it comes to fees and built-in savings, Chime shines. But it also has some drawbacks. Read NerdWallet's Chime review to see if it's a good fit for you., Discover® Bank is an online bank with great savings and CD rates, an extensive network of free ATMs, and a free checking account that pays rewards., A savings account is typically an interest-earning deposit account that is federally insured and held at a financial institution. By definition, a savings account helps you store money you don’t , The Vanguard Cash Plus Account offers a high interest rate and a high insurance limit on funds through partner banks. Learn more about this account..