How to find the right savings account for you
Match your goals with a savings account to help your money work harder.
We personalize our smartphone home screens, 我们的音乐播放列表, our living room décor and our meal choices. But when it comes to different types of savings accounts, many people don't realize how to find the right fit for their short- and long-term goals. Instead of choosing a one-size-fits-all account, try to find a savings account that helps you match what you want to accomplish within your allotted time frame. 以下是一些建议.
目标:应急基金
Type of savings account to consider: 一个高收益的储蓄账户
注意事项: In exchange for an increased interest rate, savings accounts such as this often have higher minimum balances and may charge fees, 太. Theoretically, emergency funds are used infrequently, so the trade-offs might be worth it.
目标:几年后的一次大旅行
Type of savings account to consider: 存单(CD)
注意事项: 最低余额各不相同, and renewal options let you put your money in a CD and forget it; you can't access the funds without penalty until the term is over. CD terms typically range from about six months to five years; the longer the term, 利率越高. One thing to note: When mature, CDs automatically renew unless you direct the bank otherwise.
目标:今年买一辆新车
Type of savings account to consider: 传统的储蓄账户
注意事项: Most savings accounts offer online access, making it easier to transfer money and check your balance. 除了, some may not require a minimum opening deposit and will let you make direct deposits, which can help if you want to set up an auto-transfer option. 最后, while the interest rate may be lower than other savings account types, you may have quicker or easier access to funds.
目标:房屋首付款
Type of savings account to consider: 货币市场账户
注意事项: In some ways, money market accounts resemble savings accounts. However, they may offer higher rates — even promotional introductory rates. 有些有最低余额, 比如500美元或1美元,000, that the saver must maintain to avoid fees, compared to lower or no minimum balance requirements with traditional savings accounts.
