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Don't open a high yield savings account before knowing these 10 important details about APY interest rates, taxes, fees, withdrawal and deposit limits, FDIC protection, and more. This will help you avoid mistakes and choose the best high yield savings account with great benefits and high interest rates to grow your money faster in the new year 2025. By the end of the video, you'll have the answers to questions like: What is a high yield savings account, How do high yield savings accounts work, Are high yield savings accounts safe, Can I access my money easily in a high yield savings account, Do I have to pay taxes on high yield savings accounts, Are high yield savings accounts good long term investments, and much more to help you determine if high yield savings accounts are worth it. MY FAVORITE HIGH YIELD SAVINGS ACCOUNT: 🏦 SoFi Checking & Savings Account (Get up to $325): https://bit.ly/SoFiAccount FREEBIES: 📝 How to choose the best high yield savings account (Checklist): https://dayanaplays.com/hysachecklist 💸 Sign up for my newsletter: https://dayanaplays.com/newsletter 🛍️ Rakuten (Get $30): https://www.rakuten.com/r/DAYANA3694?... 💰Chime (Get $100): https://chime.com/r/dayanacastillo4?c=s OTHER VIDEOS YOU MAY LIKE: • The 7 BEST High Yield Savings Account... • I Found The 5 BEST High Yield Savings... • 6 Places To Park Your Money BEFORE In... • The 2 Worst Banks In America! (Don’t ... • The BEST Bank Account In 2024: SoFi C... • How To Pay Off Credit Card Debt (I Wi... DISCLAIMER: I am not a lawyer, CPA, lender, realtor or a financial advisor. The content in my videos should not be taken as legal, tax, financial advice, etc, and may or may not be outdated or inaccurate as the time this video was posted. It is your responsibility to verify all information from the video on your own. This is a YouTube video for Entertainment purposes ONLY. If any company is mentioned is because Dayanaplays has an interest in them. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a commission or referral bonus. PLEASE DO NOT make buying or selling decisions based on Dayanaplays videos. If you need advice, please contact a qualified professional as I am not one.