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Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

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When you're looking at bank accounts that pays 5.50% APY or more, make sure it's insured by the FDIC or NCUA.

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Personal Finance, Banking, Savings, savings-account, CD, pfi, personal-finance-insider, pfi-storytelling, pfi-reviews, pfi-featured-products
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5% savings accounts with no monthly fees