Banking products might not seem all that sexy, but earning more interest on your money is definitely alluring. With a high-yield savings account, you can break away from the abysmally low interest rates offered by traditional banking institutions and get more money in your pocket so you can reach your savings goals faster. Financial planner Nadia Vanderhall tells PS, "82 percent of Americans don't know what a HYSA is let alone have one when it takes under 10 minutes to open." The primary benefit of a high-yield savings account is the annual percentage yield, or APY. "The more you save," Vanderhall explains, "the more you're paid. Compared to traditional savings, you can see higher interest
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