This High Yield Savings Account Can Earn You Up To 5
Varo offers consumers a high-yield savings account with a competitive annual percentage yield (APY) of 1.20%. However, that could be increased to 5% for consumers who meet certain criteria. According to the FDIC, the national average APY for a savings account is just 0.10%. To qualify for the 5% APY, consumers must have $1,000 or more in direct deposits from paychecks, pensions, or government benefits like Social Security and unemployment....