Put bluntly, the interest rates most brick-and-mortar banks are offering on savings account are absolute rubbish.<br />So it makes sense to move your savings to a high-yield, online savings account. But before you jump ship, do your research about four important matters.<br />According to Business Insider, don't just pay attention to the interest rate. That can be misleading.<br />Check for all fees, restrictions, and features. Also, determine if the bank will limit how much money you can transfer out each day.<br />Finally, to make life simpler, make sure the bank can do free, automated transfers to external accounts. Happy saving!
