124 views Savings Information Initial deposit? $ Monthly deposits? $ Evaluation period (months)? Account Information Annual percentage yield (APY)? % Printer-friendly version High Yield Savings Summary Initial Deposit Additional Deposits Interest Earned Ending Savings Chart Table High Yield Savings Summary Savings Category Amount Deposit Additional Deposits Interest Earned Ending Savings Submit A high yield savings account typically pays a higher interest rate than a traditional savings account. While the rate may vary, it’s often significantly more than the national average of a standard savings account. Opening a high yield savings account can be especially beneficial if you're trying to save for a specific goal, such as a major purchase or a down payment on a house.