A savings account stores your money for a later date, such as an emergency fund or a savings for a down payment. Unlike a checking account, which is designed for frequent withdrawals and direct ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Savings accounts are ...

If you have a basic savings account with Chase, Bank of America, or Wells Fargo, I have some bad news for you… You're probably earning 0.01% APY on all the money you keep in there. That's just $1 in ...