Best High-Yield Bank Accounts and Investing Apps May 2019

TAB Bank: 4% APY Checking Account

TAB Bank currently has the highest checking account APY, but it does require monthly activity to qualify for the 4% interest rate.

  • Earn 4% APY* on balances up to $50,000

  • To qualify for the 4% APY, you must fulfill the following requirements each month:

    • At least 1 direct deposit, ACH payment, or bill pay transaction(s)

    • At least 15 debit card purchases**

  • Direct link to offer:

To meet the monthly 15 debit card purchase requirements, I recommend looking into Amazon gift card reloads in $5 increments.

To do an Amazon gift card reload, go here and click on “gift cards”:

The following activities do not count toward earning account rewards:

  • ATM-processed transactions

  • transfers between accounts

  • debit card purchases less than $5.00

  • debit card purchases processed by merchants and received by our bank as ATM transactions

  • non-retail payment transactions and purchases made with debit cards not issued by our bank.

  • “Monthly Qualification Cycle” means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.

High-Yield Savings Accounts

Compare high-yield savings accounts to see which one is best for you. Account availability may vary by region.

Redneck Bank: 2.50% APY

Redneck Bank is an FDIC insured bank that has a 2.50% APY Mega Money Market account that requires no additional work.

To earn the 3.00% APY, you’ll need to open a checking account and fulfill monthly requirements.

Check out Redneck Bank here:

image via

image via


Ellevest is a new investment platform that’s raised funding from Melinda Gates and Eric Schmidt. Their mission is to close the gender investing gap by empowering women to take control of their money. However, anyone can join Ellevest.

Sign up for Ellevest using a referral link, and we’ll both receive $50 (expires 5/29/19). After 5/29, the referral amount decreases to $20:

image via ellevest

image via ellevest

Best Checking Accounts for Travelers

Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities. 

UGC disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.