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12 best high-yield savings accounts for June 2024

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Today’s leading high-yield savings accounts are offering impressive returns. 

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Some believe that if you want to earn a meaningful return on your savings, you’ll need to be willing to take risks with your money – or lock it up for months or years to come. But, that’s not exactly the case. While traditional savings accounts typically offer menial returns – currently averaging just 0.45% annually – high-yield savings accounts could help you earn significantly more. 

High-yield savings accounts are similar to their traditional counterparts in many ways. These accounts typically come with FDIC or NCUA insurance – which helps keep your money safe. At the same time, they’re usually highly accessible. Sure, there may be limits to how many times you can tap into your high-yield savings account monthly, but you don’t have to agree to lock your money up for any preset period of time to take advantage of the returns they offer. 

But, there’s a key difference between traditional savings accounts and high-yield savings accounts – their yields. High yield savings accounts offer a “higher yield than a regular savings,” explains Matt Willer, managing director of capital markets at the financial planning firm, Phoenix Capital Markets. 

Today’s best high-yield savings accounts offer returns ranging from 4.25% to 5.35%, giving you the option to significantly expand your earnings when compared to a traditional savings account. So, where can you find the best high-yield savings accounts this June? Below, we will list some of the top options to consider.   

Open a leading high-yield savings account now

12 best high-yield savings accounts for June

If you’d like to earn strong high-yield savings returns, consider opening one of the following accounts. 

  • Brio Direct – 5.35% APY: You must deposit at least $5,000 to open your account. Once your account is open, you’ll need to maintain a $25 minimum balance to earn the stated APY. 
  • Forbright Bank – 5.30% APY: You don’t need to meet a minimum deposit requirement to open this account and there is no minimum balance requirement to earn the stated APY.
  • Tab Bank – 5.27% APY: There is no minimum deposit to open this account. Once your account is open, you’ll need to maintain a $0.01 minimum balance to earn the stated APY. 
  • UBF Direct – 5.25% APY: You don’t need to meet a minimum deposit requirement to open this account and there is no minimum balance requirement to earn the stated APY.
  • Bread Savings – 5.15% APY: You must deposit at least $100 to open your account. Once your account is open, there is no minimum balance requirement to earn the stated APY. 
  • Popular Direct – 5.15% APY: You must deposit at least $100 to open your account. Once your account is open, you’ll need to maintain a $0.01 minimum balance to earn the stated APY. 
  • BMO Alto – 5.10% APY: You don’t need to meet a minimum deposit requirement to open this account and there is no minimum balance requirement to earn the stated APY.
  • Bask Bank – 5.10% APY: You don’t need to meet a minimum deposit requirement to open this account and there is no minimum balance requirement to earn the stated APY.
  • EverBank – 5.05% APY: You don’t need to meet a minimum deposit requirement to open this account and there is no minimum balance requirement to earn the stated APY.
  • Salem Five Direct – 5.01% APY: You must deposit at least $10 to open your account. Once your account is open, there is no minimum balance required to earn the stated APY. 
  • CIBC Bank – 5.01% APY: You must deposit at least $1,000 to open your account. Once your account is open, you’ll need to maintain a $0.01 minimum balance to earn the stated APY.
  • LendingClub – 5.00% APY: You must deposit at least $100 to open your account. Once your account is open, there is no minimum balance required to earn the stated APY. 

Open your high-yield savings account now to tap into these impressive returns

The bottom line

When you save money in today’s inflationary environment, it’s important that you produce a strong return – one that’s higher than the current inflation rate. Today’s leading high-yield savings accounts make that possible. Open a high-yield savings account now to earn a higher return on your money



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Former Trump national security adviser says next couple months are “really critical” for Ukraine

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Washington — Lt. Gen. H.R. McMaster, a former national security adviser to Donald Trump, said Sunday that the upcoming months will be “really critical” in determining the “next phase” of the war in Ukraine as the president-elect is expected to work to force a negotiated settlement when he enters office.

McMaster, a CBS News contributor, said on “Face the Nation with Margaret Brennan” that Russia and Ukraine are both incentivized to make “as many gains on the battlefield as they can before the new Trump administration comes in” as the two countries seek leverage in negotiations.

With an eye toward strengthening Ukraine’s standing before President-elect Donald Trump returns to office in the new year, the Biden administration agreed in recent days to provide anti-personnel land mines for use, while lifting restrictions on Ukraine’s use of U.S.-made longer range missiles to strike within Russian territory. The moves come as Ukraine marked more than 1,000 days since Russia’s invasion in February 2022. 

Meanwhile, many of Trump’s key selection for top posts in his administration — Rep. Mike Waltz for national security adviser and Sens. Marco Rubio for secretary of state and JD Vance for Vice President — haven’t been supportive of providing continued assistance to Ukraine, or have advocated for a negotiated end to the war.

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H.R. McMaster on “Face the Nation with Margaret Brennan,” Nov. 24, 2024.

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McMaster said the dynamic is “a real problem” and delivers a “psychological blow to the Ukrainians.”

“Ukrainians are struggling to generate the manpower that they need and to sustain their defensive efforts, and it’s important that they get the weapons they need and the training that they need, but also they have to have the confidence that they can prevail,” he said. “And any sort of messages that we might reduce our aid are quite damaging to them from a moral perspective.”

McMaster said he’s hopeful that Trump’s picks, and the president-elect himself, will “begin to see the quite obvious connections between the war in Ukraine and this axis of aggressors that are doing everything they can to tear down the existing international order.” He cited the North Korean soldiers fighting on European soil in the first major war in Europe since World War II, the efforts China is taking to “sustain Russia’s war-making machine,” and the drones and missiles Iran has provided as part of the broader picture.

“So I think what’s happened is so many people have taken such a myopic view of Ukraine, and they’ve misunderstood Putin’s intentions and how consequential the war is to our interests across the world,” McMaster said. 

On Trump’s selections for top national security and defense posts, McMaster stressed the importance of the Senate’s advice and consent role in making sure “the best people are in those positions.”

McMaster outlined that based on his experience, Trump listens to advice and learns from those around him. And he argued that the nominees for director of national intelligence and defense secretary should be asked key questions like how they will “reconcile peace through strength,” and what they think “motivates, drives and constrains” Russian President Vladimir Putin.

Trump has tapped former Rep. Tulsi Gabbard to be director of national intelligence, who has been criticized for her views on Russia and other U.S. adversaries. McMaster said Sunday that Gabbard has a “fundamental misunderstanding” about what motivates Putin.

More broadly, McMaster said he “can’t understand” the Republicans who “tend to parrot Vladimir Putin’s talking points,” saying “they’ve got to disabuse themselves of this strange affection for Vladimir Putin.” 

Meanwhile, when asked about Trump’s recent selection of Sebastian Gorka as senior director for counterterrorism and deputy assistant to the president, McMaster said he doesn’t think Gorka is a good person to advise the president-elect on national security. But he noted that “the president, others who are working with him, will probably determine that pretty quickly.”



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Sen. Van Hollen says Biden is “not fully complying with American law” on Israeli arms shipments

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Sen. Van Hollen says Biden is “not fully complying with American law” on Israeli arms shipments – CBS News


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Democratic Sen. Chris Van Hollen of Maryland, who last week backed Sen. Bernie Sanders’ bill to block U.S. sending arms to Israel, told “Face the Nation with Margaret Brennan” that President Biden ” is not fully complying with American law” on sending arms to Israel.

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Rep.-elect Sarah McBride says “I didn’t run” for Congrees “to talk about what bathroom I use”

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Rep.-elect Sarah McBride says “I didn’t run” for Congrees “to talk about what bathroom I use” – CBS News


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Rep.-elect Sarah McBride, the first openly transgender person to be elected to Congress, tells “Face the Nation with Margaret Brennan” that as Republicans have sought to put forward a bathroom ban in the Capitol, she “didn’t run for the United States House of Representatives to talk about what bathroom I use.”

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