Need To Save and Gain Interest?

 Need To Save and Gain Interest? Here is a List of 5 Banks I Put Together for You that Help With That.

 

Banks typically do not offer 4% interest per month on savings accounts, as this would equate to an annual interest rate of over 48%, which is highly unusual. However, some banks do offer annual percentage yields (APYs) above 4% on high-yield savings accounts. Below are five financial institutions that, as of now, offer competitive APYs close to or above 4% on savings accounts:

1.    UFB Direct: Offers a high-yield savings account with an APY of around 5.25%.

2.    Primis Bank: Provides an APY of around 5.03% for savings accounts.

3.    Western Alliance Bank (via savings platforms): Offers competitive rates through various savings platforms, with rates around 5.25%.

4.    Vio Bank: Offers a high-yield savings account with an APY of about 4.85%.

5.    LendingClub Bank: Offers a high-yield savings account with an APY of around 4.75%.

These rates are subject to change, and they represent annual interest, not monthly. High-yield accounts may have conditions, such as minimum balances or specific terms, so it's always a good idea to check the bank's terms directly.