BY NOEL DÁVILA, UPDATED: NOVEMBER 19, 2020 11:08 AM ET | ORIGINALLY PUBLISHED: JULY 13, 2020
Gone are the days of hiding cash under the mattress, saving for that so-called rainy day. Now, the financially savvy save their money in bank accounts where saving rates can help it grow each year and stay ahead of inflation. Savings accounts present a low-risk alternative to stock market investments that allow your funds to retain their buying power while the cost of living continues to rise.
To find the best savings accounts in the U. S., we conducted over 200 hours of research, interviewed six experts, and vetted a total of 19 companies.