Experian has launched a Smart Money Digital Savings Account for members, offering 2-4% APY based on membership level. No minimum deposit or monthly fee, but membership fees vary. Account funds are insured up to $250,000 by FDIC through CFSB. Various membership levels include credit monitoring and FICO score tracker.

Account holders with Experian’s Smart Money Digital Checking can round up debit card purchases to savings. Experian’s highest 4% APY rivals top savings accounts. Consider factors beyond APY and fees when choosing a savings account, like access to funds and customer service. Experian’s limited deposit options may not suit all needs.

Read more at Yahoo Finance: Experian launches savings account for its members