Looking to boost your savings? Consider a high-yield savings account for faster growth. Rates have been declining since 2024, but some still offer 4% APY. Factors like fees and accessibility are important too. The Federal Reserve’s interest rate changes impact savings rates, so act now to take advantage of high rates while they last.

When opening a savings account, research rates, consider must-haves like low fees, and prepare necessary documents. Fill out the application online or in-person, then fund your account. High-yield options like SoFi offer up to 4% APY. Act now before rates change.

Read more at Yahoo Finance: Best high-yield savings interest rates today, January 15, 2026 (top account pays 4% APY)