Driven by the arrival of online banking and a competitive rate environment, high-yield savings accounts (HYSAs) became prominent in the mid-2000s. Money market accounts (MMAs) have been around since ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. CNBC Select will update as changes are made public. They're not as common as checking account bonuses, but some ...

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MBNA Fixed Saver 1 Year – 4.85% AER This is currently the highest one-year fixed savings rate available on the market. You will need to pay a minimum deposit of £1,000 to open this account, and the ...

Erin is a Senior Banking Writer at Forbes Advisor, bringing several years of experience in personal finance topics. She previously worked as a staff writer for Kiplinger.com.

There is no monthly minimum deposit, and you can save up to £200 per month. The account allows up to three withdrawals. On your fourth withdrawal, the rate on the account will drop to 1.05% (variable) ...