Navigate through high yield savings scenarios and make critical decisions! Learn key concepts as you try to keep your money safe.
MONEY:$1,000
Scenario 1 of 12
The Interest Rate Comparison
You have $10,000 to save. A traditional bank offers 0.01% APY. An online high-yield savings account offers 5% APY. Both are FDIC insured.
Should you choose the high-yield savings account?
Press Y for YES or N for NO