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5 High Yield, Low-Risk Places To Put Your Savings Right Now

Earn more on your savings with these high-yield, low-risk options. These accounts offer significantly higher interest rates compared to traditional savings accounts, meaning your money can work harder for you. The higher your balance, the more you’ll earn over time. Get started today!
Last Updated: August 22, 2024
Top High Yield Opportunities in Columbus, Ohio
Our Partner

Best For Deposits Over $7k

Earn up to 4.00% APY* with $0 balance

  • Minimum Balance to Open an Account: $0
  • Cash Bonus up to $300 with Direct Deposit¹
  • No Account Fees² & No-fee Overdraft Coverage³
  • Up to 2-Day-Early Paycheck⁴
  • Up to $2M of Additional FDIC Insurance⁵

*Rate as of 12/3/2024

View SoFi Offer


FDIC Insurance2,000,000
APY (Annual Percentage Yield)4.00%
Our Partner

Earn 4.50% APY*

  • No more hidden fees - we keep banking hassle-free.
  • Enjoy free monthly maintenance
  • Watch your savings grow with daily compounded interest.
  • Deposit anytime, anywhere with unlimited mobile check deposits.
  • Deposits are FDIC-insured up to $250,000

*Rate as of 12/19/2024


FDIC Insurance250,000
APY (Annual Percentage Yield)4.50%
Our Partner

Earn 3.75% APY with a Discover®️ online savings account

  • Earn 5X* the National Savings Average with no monthly fees
  • No monthly fees & no minimum opening deposit
  • No monthly balance requirements
  • FDIC-insured

 

*See disclaimer below


FDIC Insurance250,000
APY (Annual Percentage Yield)3.75%
Our Partner

Earn 4.35% APY*

  • With a Balance of $5,000 or More*
  • Earn 0.25% APY with a Balance of Less than $5k*
  • $100 Minimum Deposit to Open Account

  • No Account Opening or Monthly Service Fees

  • CIT Bank Account is FDIC Insured

*Rate as of 12/20/2024

View CIT Bank Offer


FDIC Insurance250,000
APY (Annual Percentage Yield)4.35%