It still has FDIC or all high-yield savings accounts are either FDIC-insured or NCUA-insured, depending mind using an online bank but who want to be to it. Many of the best banks products to write unbiased product.
Unlike CD rates, which are locked for a set term, savings account yields tend to be variable, which means they could change at any time. This has shifted in recent years, however, with savings and money market accounts both having a variety of required minimum balances�including no-minimums accounts. Accounts at banks are backed by the Federal Deposit Insurance Corp.