If your cash is still sitting in a traditional savings account, you’re probably leaving real money on the table. Right now, the best high-yield savings accounts are paying around 4.00% APY – a huge upgrade from the near-zero rates many traditional savings accounts still offer.

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Standout benefits: The Capital One Kids Savings Account has a competitive APY, no fees and no account minimum. Starting at age 8, your child can also open a Capital One MONEY Teen Checking account with more access. Both will automatically convert into an adult Capital One 360 Performance Savings™ when they turn 18.

CIT’s Platinum Savings account pays 3.75% APY on balances of $5,000 or more. If your balance dips below $5,000, it earns a paltry 0.25% APY. If you tend to carry high balances — at least $5,000 — this account is worth a look. If you don't plan to ...