I'm a former banker, and I'd recommend Ally's high-yield savings account to just about anyone
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- High-yield savings accounts are great for emergency funds, down payments, and savings goals.
- I particularly like Ally Bank's high-yield savings account for its combination of low fees and competitive rates.
- Its easy-to-use interface also allows you to set up automatic transfers and create "buckets" of money for your separate savings goals.
- See Business Insider's picks for the best high-yield savings accounts »
When I was a kid, my mom took me to a local bank to open my first savings account. My "Dinosaver" account came with a free dinosaur toy, which was a pretty big selling point for me as a young boy. But these days, I care a lot more about interest rates than toys and gifts from my bank.
Today, I keep a good chunk of my savings at Ally Bank, which I also suggest to my sister, friends, and other people who want to level up their savings. Let's dig into the details of Ally Bank Savings to see why I recommend it to just about anyone.See the rest of the story at Business Insider
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