Savings Accounts

Best Accounts to Protect Your Savings — Money Nudge

Recession Guide → Protect My Savings → Best Accounts

This page contains affiliate links. We may earn a commission if you open an account through one of the links below, at no additional cost to you. This is not financial or investment advice. The accounts listed are for informational purposes only. Always do your own research before making any financial decision.

The best accounts to
keep your money safe and growing

These accounts are FDIC-insured, fully liquid, and pay significantly more than a traditional savings account. Moving your money here costs nothing and takes less than 10 minutes.


Marcus by Goldman Sachs
Online savings — FDIC insured
4.4% APY*

Marcus is the consumer banking arm of Goldman Sachs. It offers a clean, no-frills high-yield savings account with no fees, no minimums, and a consistently competitive rate. Known for reliability and straightforward terms — no surprise conditions attached to the APY.

No fees No minimums FDIC insured Trusted brand
Open a Marcus account →
Acorns
Micro-saving and investing app
3% APY*

Acorns combines a checking account, emergency fund, and automated investing in one app. Its round-up feature automatically saves spare change from everyday purchases. Lower APY than dedicated HYSAs, but the automation makes it ideal for people who struggle to save consistently.

Automated saving Round-up feature $3/month fee Great for beginners
Open an Acorns account →
Credit Karma Money Save
High-yield savings — FDIC insured
4.1% APY*

Credit Karma’s savings account is free to open, has no minimum balance, and is backed by a network of FDIC-insured banks. It integrates directly with Credit Karma’s free financial tools, making it a convenient option if you already use the platform to monitor your credit.

Free to open No minimum FDIC insured Credit monitoring included
Open a Credit Karma account →

*APY rates are estimates based on publicly available information and are subject to change. Always verify the current rate directly with the provider before opening an account.