If you are using a brick-and-mortar bank as your savings account, you need to switch. They don't pay anything. And the banks on this list pay many many times that.

Below is a list of online savings accounts with the highest interest rates. They are all FDIC-insured. They are as safe as a ‘regular' bank except they pay way more interest. You can confirm that by searching the FDIC's Bank Find tool and confirming the FDIC numbers listed.

Updated November 2024: Updated with current interest rates and re-ordered the list to reflect the new rates.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired or changed.

Bank	APY	Monthly fee	Learn more
	up to 4.80% APY	$0	Learn more
	4.70% APY	$0	Learn more
	4.00% APY	$0	Learn more
	4.10% APY	$0	Learn more
	3.90% APY	$0	Learn more
	4.00% APY	$0	Learn more
	4.00% APY	$0	Learn more

Barclays Bank

• APY: up to 4.80% APY
• Monthly fee: $0
• Minimum balance: $0

Barclays is a British-based international banking corporation. The online bank is part of its US subsidiary, Barclays Bank, located in Delaware (FDIC #57203).

Their online savings account product has a competitive interest rate of up to up to 4.80% APY (with minimum balance requirements), no minimum balance to open. While you have to have $250,000 to earn the top rate, lower balances earn a healthy 4.50% APY.

Barclay’s also has a competitive lineup of Certificates of Deposits with terms as short as 3 months and up to 60 months. The rates are competitive with other online banks.

Barclays offers savings and CDs but does not offer a checking account.

Here's our full review of Barclays Bank for more information.

Go to Barclays

CIT Bank

• APY: 4.70% APY
• Monthly fee: $0
• Minimum balance: $100

CIT Bank has two interesting savings accounts, the Platinum Savings and the Savings Connect account. The Platinum Savings has a $100 minimum opening deposit requirement and earns 4.70% APY as long as the balance is above $5,000, otherwise the APY is quite low.

The Savings Connect account earns 4.35% APY on all balances and also requires a $100 minimum deposit to open the account.

There are no monthly fees on either account.

CIT Bank is the online division of First-Citizens Bank & Trust Company (FDIC #11063) and offers several deposit accounts, including money market accounts and no-penalty CDs.

Here's our full review of CIT Bank for more information.

Go to CIT Bank

Quontic Bank High-Yield Savings

• APY: 4.00% APY
• Monthly fee: $0
• Minimum balance: $100

Quontic Bank has a high-yield savings that earns 4.00% APY with no monthly fee. There is a $100 minimum deposit requirement to open the account.

Quontic also has a high-interest checking. It earns 1.10% APY if you make at least 10 qualifying transactions per statement. This account also has a $100 minimum deposit requirement.

The bank also has competitive CDs and a fantastic money market account that earns 4.75% APY.

Go to Quontic Bank

Marcus by Goldman Sachs

• APY: 4.10% APY
• Monthly fee: $0
• Minimum balance: $0

At 4.10% APY, Marcus currently has some of the highest interest rates for savings accounts, and they have no minimum deposits and no monthly fees.

It is only a savings account though, no associated checking available, although they do have CDs.

Marcus by Goldman Sachs (FDIC #33124) is the online bank of Goldman Sachs, most well known as an investment banking firm. They do quite more than that and Marcus by Goldman Sachs handles their online bank offerings.

Here’s our full ull review of Marcus by Goldman Sachs for more information.

Go to Marcus by Goldman Sachs

Discover Bank

• APY: 3.90% APY
• Monthly fee: $0
• Minimum balance: $0

Discover® Bank's Online Savings account earns 3.90% APY with no monthly fees for minimum balance requirements.

It also has a checking account also with no minimum balance, access to over 60,000 ATMs in the ATM network, plus a generous reward structure. You can earn 1% cash back on up to $3,000 in debit card purchases each month, pay a bill online, or write a check that clears (up to 100 such cashback transactions a month).

This is the first bank on the list that offers all three deposit products – checking, savings, and CDs. In terms of convenience, it's one of the best.

Sometimes, Discover Bank will offer a cash bonus for this account. This Discover Bank promotion page will list any offers we know about.

Discover® Bank (FDIC #5649) may not be a familiar name, but it has been actively insured by the FDIC since 1934.

Here is our full review of Discover Online Savings Bank for more information.

Go to Discover

American Express Personal Savings

• APY: 4.00% APY
• Monthly fee: $0
• Minimum balance: $0

American Express® Personal Savings is a high-yield savings account that earns 4.00% APY with no monthly fees or minimum balances. Amex also has certificates of deposit as well but they do not have a checking account.

You are probably more familiar with their credit cards than their savings account but American Express National Bank (FDIC #27471) has been in business since 2000, when American Express sold their previous banking division to Standard Chartered.

Here's our full review of American Express Personal Savings.

Go to American Express

Ally Bank

• APY: 4.00% APY
• Monthly fee: $0
• Minimum balance: $0

Ally Bank (FDIC #57803) is the online bank I use, and I’ve been a fan for years. I opened my account shortly after they rebranded from GMAC (General Motors Acceptance Corporation) in the late 2000s.

Their savings account earns 4.00% APY, with no maintenance fees, and no minimum balance.

Their CD rates are also competitive, the early termination period is only 60 days on a short-term CD (versus the more typical 90 days), and they often give you an interest rate bonus if you roll your maturing CD into a new one.

They also offer a free checking account with no minimum balance, they refund up to $10 in ATM fees each statement, have a large ATM network, and they have a competitive interest rate on the checking account too.

Their app is solid too. It has all of the typical bells and whistles plus a great remote deposit feature for when you have checks to deposit. If you need to deposit checks and don’t want to use the app, there are postage-paid deposit envelopes for you to use too (absolutely free).

Finally, they also offer an integrated brokerage accounted called Ally Invest. This gives you access to a low-cost stock broker too that offers free stock trades too.

Here's our full Ally Bank review for more information.

Go to Ally Bank

How to Choose a High-Yield Savings Account

The first thing to consider when shopping for a high-yield savings account are the monthly fees. It's going to be difficult to earn enough in interest to make up for any monthly fee.

Next, you'll want to make note of the interest rate. The higher, the better!

Lastly, you'll want to consider convenience. If you want a high-yield savings account, you will likely end up with an online-only account. If you already have accounts with an online bank, perhaps start there. If your current bank offers competitive rates, that will probably be the easiest way to go.

Online savings accounts are pretty easy to manage; you'll just need to connect your checking, and then you'll make transfers online. Transfers typically take two or three days, sometimes quicker.

Are online savings accounts safe?

Yes, 100% safe. Online banks are FDIC insured and so your money is as safe in those banks as they would be in a traditional bank. Your funds are protected up to $250,000 by the FDIC. If the bank fails, the FDIC will get you your money back.

As for protection against fraud, they often have security precautions in place to prevent many of the different types of fraud. Many banks offer two-factor authentication, to confirm your identity, as well as plenty of notifications. You can set up your bank to notify you every time there is a transaction, a service not many banks offer.

Why should I get an online savings account?

If online savings accounts are just like those without physical locations. So, what's the benefit of an online savings account? They have much higher interest rates. If you ever look at the interest rate of a regular bank, it's usually ridiculously low.

For example, as of this writing, the interest rate at Bank of America's savings account is 0.01% APY. It's basically zero and it has been for a long time. Ally Bank's interest rate is 4.00% APY.

Online banks tend to have much lower fees too. Ally Bank doesn't have a maintenance fee and no minimum balance. Bank of America's Core Checking has a $12 monthly fee that is waived if you maintain a balance of $1,500 or have a qualifying direct deposit of $250+.

How do online savings accounts work?

Online savings accounts are just like regular savings accounts. The big difference is that many banks offering online savings accounts don't have physical locations you can visit. Your main point of contact is through an app or online banking.

Many banks also offer online checking accounts that work just like regular checking accounts. The app usually lets you deposit checks by taking a picture of the front and back. You can access your money through a regular ATM, and many banks have partnerships with national ATM networks like Allpoint.

Alternatives to High-Yield Savings Accounts

Money market

Money market accounts are a hybrid between checking and savings. They often earn interest rates similar to savings accounts but offer easier access to your money. Some money market accounts come with checks and debit cards for easy access, but not all, so double-check the features before you open an account.

My favorite money market account is Quontic's. It earns 4.75% APY. There are no transaction limits and it comes with a debit card and checks.

Here are some of our other favorite money market accounts.

CDs

If you are saving for the long term and want a fixed interest rate then you'll wan to look into CDs.

With CDs, you have to set aside the money for a set number of months or years, and in return, you'll receive a fixed interest rate. The drawback is that if you need your money before the term is up, you'll likely pay an early withdrawal penalty.

Here are our favorite CDs.

Common Questions about Online Savings Accounts

Here are a few questions I get asked a lot when it comes to these online savings accounts.

The post Best High-Yield Online Savings Accounts: 4.80% APY (November 2024) appeared first on Best Wallet Hacks.

CIT Bank is an online bank that offers a full suite of deposit products – checking, savings, money market, and certificates of deposit (CDs). They are a no-fee bank that offers some of the highest interest rates available on savings products, as well as some of the most innovative CDs from any bank.

At a Glance

• Platinum Savings account earns 4.70% APY if your balance is over $5,000
• Savings Connect account earns 4.35% APY on all balances.
• Minimum opening deposit of $100
• Checking account pays interest
• No monthly fees
• No ATM network, but it will reimburse up to $30 in ATM fees per month.

Who Should Use CIT Bank

Those who have at least $5,000 to put in their savings account will be pleased with the APY on the Platinum Savings, as it’s very competitive. The APY on the Savings Connect is a bit lower, but still strong on lower balances.

CIT Bank is also not connected to an ATM network, so the checking account is best for those who rarely use an ATM. The bank does not charge ATM fees and will reimburse up to $30 of other network’s fees per month. Therefore, occasional ATM is fine, but if you are a heavy user of ATMs CIT’s checking is likely not for you.

CIT Alternatives

Savings APY	4.00% APY	4.30% APY	4.00% APY
Checking APY	1.10% APY	N/A	0.10% APY
Monthly fees	$0	$0	$0
	Learn more	Learn more	Learn more

They were acquired by First-Citizens Bank & Trust Company in a merger with the merger completed on January 4th, 2022 but still operate as CIT Bank.

This is an online bank that, and like every bank we review, is covered by FDIC insurance (FDIC #11063) of up to $250,000 per depositor. While they don’t offer credit cards, auto loans, or even IRA accounts, but it does have a full range of mortgage products, as well as small business financing programs.

CIT Bank offers an eChecking account, a high yield money market, multiple savings accounts, and several high-yield CD products. Each of these products are available for custodial accounts. Note that interest on all deposit products accrues daily and is credited monthly:

eChecking

This checking account has a $100 minimum and pays out 0.10% APY on balances under $25,000 and just 0.25% APY on balances with over $25,000. There are also very few fees, including no monthly fee.

CIT Bank is one of the few online banks that doesn’t work with an ATM network but you get reimbursed $30 in ATM fees charged by other banks each month.

Money Market

This account is currently paying a rate of 1.55% APY on all balances with no monthly fees and requires just $100 to open.

This money market account is one of the best money market accounts you can get because you earn the interest rate regardless of your balance. Most money market accounts require you to meet a minimum balance before they will pay you the high rate. This account only requires you to open it with $100 and then you earn the best rate possible.

This account doesn’t come with checks or debit card. It works like a savings account and you can transfer funds in and out electronically.

Platinum Savings

With the Platinum Savings account, you can earn up to 4.70% APY if your balance is $5,000 or more. You’ll only earn 0.25% if your balance is under $5,000.

There are no monthly fees, and you must deposit $100 to open the account.

Go to CIT Bank

Savings Connect

The Savings Connect account earns 4.35% APY on all balances. The minimum to open the account is $100, and there are no maintenance fees.

If you open a CIT Bank account and are deciding between the different “savings” accounts – you want the Savings Connect. If you typically maintain a balance of under $5,000. Otherwise, you can earn a bit more with the Platinum Savings.

Savings Builder

The base savings builder interest rate is 1.00% APY with a $100 minimum to open. If your daily balance is under $25,000, you earn 4.70% APY.

However, if your daily balance is under $25,000 and you have a monthly deposit of $100 or more, OR you balance is above $25,000 you earn 1.00% APY. These rates are as of 11/1/2024.

CDs

Term CDs. Requires a minimum initial deposit of $1,000, with terms running from 6 months to five years.

Rates are tiered, based on the term of the certificate:

No-Penalty CD. This is an 11-Month CD, currently paying up to 3.50% APY on all balances, with a minimum opening deposit of $1,000. The major feature of this CD is that you can withdraw funds penalty-free, any time after the first six days after the start of the certificate.

Jumbo CDs. These CDs require a minimum investment of $100,000 and offer rates based on the term, anywhere from two to five years.

Early Withdrawal Penalties on CDs are as follows:

• Terms up to 1 year – 3 months interest on the amount withdrawn
• Terms more than 1 year up to 3 years – 6 months interest on the amount withdrawn
• Terms more than 3 years – 12 months interest on the amount withdrawn

Go to CIT Bank

Fees

Fees that may apply under certain circumstances include:

• Outgoing wire transfers for accounts with an average daily balance of less than $25,000: $10 per transfer
• Money market account overdraft fee: $25
• Money market account excessive transactions fee (more than 6 withdrawals per statement cycle): $10 per transaction, subject to a monthly cap of $50
• Money market account Bill Pay (which is currently unavailable) stop payment: $30 per check

Customer Service

Customer service is available 24 hours a day, seven days per week for both Online Banking and Mobile Banking by email or by Automated Telephone Banking.

Live phone contact is available (855-462-2652) during the following days and times (all times Eastern):

• Monday through Friday: 8:00 AM to 9:00 PM
• Saturday: 9:00 AM to 5:00 PM
• Sunday: 11:00 AM to 4:00 PM

Go to CIT Bank

CIT Bank Alternatives

Quontic Bank

Quontic Bank offers several attractive bank accounts, including two checking accounts, a high-yield savings, a money market account, and several CDs.

The high-yield savings account pays 4.00% APY with no monthly fees and a $100 minimum opening deposit.

The high-interest checking account earns up to 1.10% APY, but to earn this rate, you’ll need to make at least 10 debit card point-of-sale transactions of at least $10 per statement.

Go to Quontic Bank

Synchrony Bank

Synchrony Bank doesn’t have a checking account, but it does offer a savings account, money market account, and CDs.

The savings account earns 4.30% APY with no minimum deposit and no monthly fees. They money market and CDs also earn competitive interest rates with no minimum balance requirements.

Here’s our full Synchrony Bank review to learn more.

Go to Synchrony Bank

Ally Bank

Ally has several similar features to CIT. It offers an online checking account, a high-yield savings account, and several CDs. The savings account pays 4.00% APY and the CDs are competitive. Also, unlike CIT Bank, there are no minimum deposit requirements.

The checking account at Ally pays 0.25% interest on all balances and it’s part of the Allpoint and MoneyPass ATM networks. Plus, they will reimburse ATM fees up to $10 per statement.

Here’s our full Ally Bank review to learn more.

Go to Ally Bank

Summary

CIT Bank is a pure, online, no-fee bank that provides some of the very highest yielding savings products available with any bank. And high-yield accounts are available with initial deposits as low as $100. Since it doesn’t offer traditional banking services like credit cards and auto loans, it’s best used for its primary purpose only – a high yield online savings bank.

If you’d like more information, visit the CIT Bank website.

The post CIT Bank Review 2024: High Yield Online Banking Option appeared first on Best Wallet Hacks.

When you open the Capital One 360 Performance Savings you’ll earn 4.00% APY and you’ll be eligible to earn a generous wecome bonus. The account has no fees or minimum balance requirements.

At a Glance

• High-yield savings account
• Attractive 4.00% APY
• Generous welcome bonus
• No monthly fees
• No minimum balance requirement

Visit Capital One

Who Should Open a Capital One 360 Performance Savings?

Capital One’s Performance Savings should be on your shortlist if you want a high-yield savings account with no fees or account minimums, especially if you have other Capital One accounts, like a checking or credit card account. Unlike some online banks, Capital One has a broad product offering and some physical locations where you can receive in-person service.

Capital One 360 Performance Savings Alternatives

Savings APY	4.00% APY	3.90% APY	4.70% APY
Monthly Fees	$0	$0	$0
Min. Balance Requirement	$0	$0	$100
	Learn More	Learn More	Learn More

What Is Capital One 360 Performance Savings?

The 360 Performance Savings is Capital One’s high-yield, no-fee online savings account. It currently pays an attractive 4.00% APY with no minimum and no opening balance requirements. You can open your Capital One account online in just a few minutes. Your funds are FDIC insured up to $250,000, and you can manage your account using its top-rated mobile app.

Other Savings Options at Capital One

In addition to the 360 Performance Savings, you can save money in Capital One certificates of deposit, known as 360 CDs. Capital One 360 CDs offer a solid interest rate, no minimum balance requirement, and flexible interest crediting options: You can choose to have your CD interest paid out monthly, annually, or at the end of its term. 

Current interest rates include options such as:

• 4.20% APY for a 6-month CD
• 3.90% APY for an 18-month CD
• 3.50% APY for a 60-month CD

All Capital One 360 CDs are FDIC-insured up to the maximum allowable limits. 

Capital One 360 Performance Savings vs. Alternatives

If you don’t have the balance required to qualify for the welcome offer, other savings accounts may be more appealing than Capital One 360. Here are some alternatives to consider.

Ally’s High Yield Savings Account

Ally is an online bank with a high-yield savings account that earns 4.00% APY with no monthly fees or minimum balance requirements. The account also comes with savings buckets that allow you to put your savings into categories, making it easier to save for specific goals.

If you have an Ally checking account, you can also round up your purchases to the nearest dollar and transfer your change into savings.

Here’s our full Ally Bank review for more information.

For more details, read our full Ally Bank review.

Go to Ally

Discover Online Savings Account

Discover’s Online Savings Account also comes with no monthly fees, no minimum opening deposit, and earns 3.90% APY. Opening an account with Discover online is easy — no in-person bank visit is necessary.

For all these reasons, Discover’s product is equal to Capital One’s, and choosing between the two comes down to personal preference or whether either is offering a sign-up promotion.

For more information, read our full Discover review.

Visit Discover

CIT Bank Platinum Savings

CIT Bank’s Platinum Savings product earns 4.70% APY with no monthly maintenance fees. There is a $100 minimum deposit. However, you must keep at least $5,000 in this account to earn the highest rate.

For more details, read our full review of CIT Bank.

Visit CIT Bank

FAQs

Visit Capital One

Summary

The Capital One 360 Performance Savings is a solid high-yield savings account. If you can take advantage of the current bonus offer, it becomes one of the most attractive savings options out there. When it comes to access, if you have a Capital One checking account, you can easily transfer funds from your savings and withdraw from an ATM if required.

The post Capital One 360 Performance Savings – Is It Worth It? appeared first on Best Wallet Hacks.

It seems like there’s a major data breach every few months.

Just a few months ago, on August 9th, I received this email from ‘;–have i been pwned?

It’s just an email address, so not the worst breach ever, but it’s information from a cybersecurity firm I’ve never worked with. More surprisingly, there was no leak or hack, the bad guys just collected data from “publicly available sources.”

Anyone can go to haveibeenpwned.com to see if their email address has been leaked. It’s run by Troy Hunt, an information security professional whose blog I’ve followed by for years, and you get notifications when your email is leaked. It’s free.

If you’ve had the email address for more than a year and use it anywhere, it’s probably leaked. My main email address has been leaked in 29 data breaches.

The list is quite impressive – me and 153 million others were leaked via Adobe in 2013 (when Troy started the tool) and I joined 79 million others when Advance Auto Parts was breached in June of 2024. It was leaked in pretty much every major data breach in the last twenty years!

But does it really matter?

Yes… but also not really. Here’s why.

It’s Already Out There

If you get a notification that your data was revealed in a breach, I wouldn’t get stressed out about it. When I received the email that other day about SOCRadar, it barely registered.

Your data is already out there.

I’m in my forties, I’ve been online since I was an adult, and I’m comfortable using online services so my information has been stored on hundreds (if not thousands) of websites.

As you saw in the screenshot, some subset of my personal information has already been revealed at least 28 29 times.

You Already Get Lots of Spam

You will get a lot of spam text messages, phone calls, and emails.

Fortunately, email inboxes are savvy enough to limit most of the bad stuff. You should still be aware of phishing attempts and ignore pretty much anything official looking.

I like to use a confidential “classified” email address that is only used with important (financial) accounts. But if your data is leaked by a bank, well your classified email address is junk now too (womp womp, sorry!). I also use a junk email address that I never check for anything unimportant.

This is known as security through obscurity and a nice additional layer of protection (but not a primary one, for that we use 2-factor authentication).

As for phone calls and text message, I silence unknown callers and briefly check voicemail transcriptions if they leave a message (I never listen to them). Sometimes it’s a delivery driver who is lost or someone local who needs to reach us, but those are extremely rare (1 out of 50?).

I Never Get Complimentary ID Monitoring

Whenever there is a breach, the company offers complimentary identity theft monitoring from some service. I’ve never signed up for it.

I don’t believe I need it and I also don’t want yet another company having my information. (I also secretly think it’s a ploy to get you to use the service and then start paying for it after the complimentary period expires)

I just use my own do-it-yourself identity theft protection system and I don’t need to worry about canceling the service. (you may not even need to cancel the service, I’ve never signed up so I don’t know)

I also freeze my credit reports so I’m not concerned someone with my information could open a line of credit. Until I unfreeze it, no one can.

I’m confident that I have protections in place to prevent anything bad from happening because of these breaches.

I’m not as bold as the former CEO of LifeLock, Todd Davis. As part of a marketing stunt, he plastered his Social Security Number on billboards and trucks to prove how effective LifeLock could be. He also discovered that by doing that, his identity had been stolen 13 times in three years. Yikes.

It’s Serious But Also Too Common

I know I’m being cavalier about data breaches. They are serious events but in most cases, given limited liability rules and the fact that they’ve been happening for ages, it won’t impact you. It’s nothing to lose sleep over.

If you protect yourself, and our guide for DIY identity theft protection offers a lot of easy and free steps you can take to protect yourself, the impact will be minimal.

If you are the victim of identity theft, the perpetrator is likely going to be someone you know. It makes reporting that much trickier, especially if it’s a family member.

But, if it does happen, experts suggest that you:

• Report it to the Federal Trade Commission at IdentityTheft.gov and/or call 1.877.438.4338
• Put fraud alerts and freezes on your credit reports (Experian, Equifax, TransUnion)
• Contact all your financial institutions (credit cards, banks, etc.)

IdentityTheft.gov offers this page of suggestions if you are a victim.

Have you been a victim of one of these breaches? (how many times? More or less than 29!?)

The post Do data breaches really matter anymore? appeared first on Best Wallet Hacks.

Did you know that USAA stands for United Services Automobile Association? It was founded in 1922 by 25 U.S. Army officers who couldn’t get auto insurance and is now one of the largest financial organizations in the United States and they serve the military community.

They also have one of the most convenient and generous new account bonuses if you are eligible.

Who is Eligible to Join?

USAA is not a credit union but they do have requirement when it comes to new members. You must be active duty, National Guard, reserves, veterans who served honorably, Cadets or Midshipmen.

You can also gain eligibility if you are married to a USAA member as well as be born to a member. If your parents are members, you can become one too.

USAA Classic Checking – $200

USAA is offering a $200 bonus when you open your first USAA Classic Checking account and get a qualifying direct deposit of $100 or more within the first 180 days.

According to the terms and conditions, this deposit is “a single Automated Clearing House, also known as ACH, electronic deposit of $100 or more.” This implies that you could just use an ACH transfer from another bank (initiated by the other bank), it doesn’t have to be payroll or government benefits.

You must not have had a USAA checking account in the last 12 months.

The account has a $25 minimum opening deposit and there are no monthly service fees. They also refund up to $10 in ATM fees per statement cycle, a nice little perk.

👉 Learn more about this offer

(Offer expires 12/10/2024)

How Does This Bonus Compare?

If you are eligible, this is a great offer. You can get $200 for a single transfer of $100 or more from another bank account, it doesn’t get any better or easier than that.

Also, USAA is widely regarded as one of the best financial institutions out there with great products and services. I’ve never used them but as someone who used to work in the defense industry alongside many USAA members, I’ve never heard a negative thing about USAA.

As a comparison, here are some of what we see as bonuses from commercial banks:

The post USAA Bank Promotions: $200 for USAA Classic Checking appeared first on Best Wallet Hacks.

Here are seven of the best custodial accounts for kids under 18.

	Best for	Learn more
	Wide array of account options	Learn more
	Easy-to-use trading platform	Learn more
	Optional Youth Account for spending, saving and investing	Learn more
	Robust selection of research tools	Learn more
	Beginning investment education selection	Learn more
	Family-focused platform	Learn more
	Well-known company and platform	Learn more

1. Ally Bank

Best for: Wide array of account options

• Monthly fee: $0
• Minimum opening: $0
• Trading fees: $0 on self-directed stocks, ETFs, options

Ally Bank (formerly GMAC Bank) launched in 2000 as an offshoot of GMAC auto finance company). 

This online-only bank is an FDIC-insured, full-service financial institution. They can help with any financial needs, from mortgages to auto loans to personal banking and investment accounts. 

Here are the types of custodial accounts you’ll find at Ally Bank.

Custodial Online Interest Checking

Ally Bank’s custodial checking account features a debit card that has settings that let you control how, where, and when you use the card. Other features include:

• No minimum balance requirement or opening deposit
• No monthly service fee
• Free ATM withdrawals at over 43,000 Allpoint ATMs
• Free debit card with parental controls
• Interest paid on all balances
• Round-up to savings accounts option

Custodial Online Savings

Ally’s custodial savings account features an optional “Surprise Savings” feature that analyzes money in a linked checking account and transfers it to savings when it senses extra money. Other features include:

• No minimum balance requirement or opening deposit
• No monthly service free
• Free ATM withdrawals at over 43,000 Allpoint ATMs
• Buckets to categorize your savings funds
• Industry-leading interest rates
• Limit of 10 withdrawals per statement cycle

You can also open custodial Money Market or Certificate of Deposit accounts. 

Custodial Investment Account

Ally’s self-directed and robo-advisor accounts are available as custodial accounts and include many research tools. Other features include:

• No fees for self-directed trades on stocks, ETFs, and options
• $9.95 per no-load mutual fund trades
• $1 per bond trade, $4.95 for low-priced securities trades
• $0 opening requirement for self-directed accounts
• $100 opening requirement for robo accounts
• No advisory fees for robo accounts

Ally Bank offers 24/7 customer service by phone or chat. Each account comes with various features so you can tailor your child’s banking needs as desired. 

Go to Ally Bank

2. E-Trade

Best for: Easy-to-use trading platform

• Monthly fee: $0
• Minimum opening: $0
• Trading fees: $0 on stocks, ETFs, options

Beginning in 1982 as TradePlus, the owners branched off with E*Trade in 1991 to become one of the first online investment platforms. Morgan Stanley acquired E*Trade a few years ago and now offers a custodial brokerage account with some attractive features. 

E*Trade Custodial Brokerage Account

The E*Trade custodial brokerage account offers benefits such as a free debit card and checking privileges when you open a brokerage account. Other features include:

• No minimum opening deposit amount
• $0 annual fee for online self-directed trading accounts
• $0 stocks, options, and ETFs
• Option contracts are $0.65 per
• Futures contracts are $1.50 per

One downside of E*Trade is that it, like Vanguard, does not offer fractional shares except in the case of dividend reinvestments. E*Trade also offers Coverdell ESAs and custodial IRAs for income-earning minors. 

Telephone customer support is available Monday to Friday. E*Trade is on our list of the top stockbrokers that offer free trades. 

Go to E*Trade

3. Fidelity

Best for: Optional Youth Account for spending, saving and investing

• Monthly fee: $0
• Minimum opening: $0
• Trading fees: $0 on stocks, ETFs, options

Fidelity is also on our list of best free trade brokers. It was founded in 1946 and is one of the largest asset managers in the world. 

Fidelity Custodial Investment Account

Fidelity has an expansive array of online investment tools for investors. You can leverage the tools to help research investments properly and minimize the risk for your custodial account.

Other features include:

• $0 minimum opening deposit
• $0 maintenance fees
• Zero commissions for online stocks, commissions, and ETF trades

Fidelity’s Custodial Investment account is much like other brokers in many ways. It offers free online trading, a 529 Savings Account, and a youth IRA account. 

However, many choose Fidelity because of its non-custodial Youth Account for teens between 13 and 17. The account allows them to spend, save, and invest. There are no account fees or minimums, and Fidelity includes parental controls and a free debit card.

As a parent, note that you must have an existing Fidelity account for your teen to open a Youth Account. 

Go to Fidelity

4. Firstrade

Best for: Robust selection of research tools

• Monthly fee: $0
• Minimum opening: $0
• Trading fees: $0 on stocks, ETFs, mutual funds

Firstrade is geared toward serious investors looking to open a custodial investment account. The site has a robust selection of research investment tools.

Use Morningstar reports, watchlists, and more to help analyze and choose your child’s investments. 

Firstrade Custodial Brokerage Account

The Firstrade Custodial brokerage account offers benefits such as extended trading hours and equities investments. Other features include:

• $0 fee stock, ETF, and mutual fund trades
• No commissions
• $0 account opening requirement
• No minimum balance requirement

Firstrade offers Coverdell ESAs as well. Open the Firstrade account for your minor child, and have them shadow you as you invest with your Firstrade account. 

If you’re a serious investor, Firstrade offers an excellent avenue for helping your minor kids see you in action while getting in on the action with their account. 

Go to Firstrade

5. Stash

Best for: Beginning investment education selection

• Monthly fee: $9
• Minimum opening: $5
• Trading fees: $0 on stocks and ETFs

Stash has been around since 2015. The investment fintech accommodates custodial investment accounts with minimal fees and fractional share investing options. 

Stash+

Stash has two tiers of investment accounts: Stash Growth and Stash+.

Stash+ is the account you’ll need to open if you want to open custodial investment accounts.

Features include:

• $9 monthly fee for two custodial investment accounts (plus your own)
• $5 opening minimum
• Fractional stock share transactions
• Banking access
• Stash Stock-Back® Card1

You might find the monthly fee is high for your tastes, but remember that the $9 per month includes the option to have three brokerage accounts; one adult account and two custodial accounts. 

Note that you can purchase fractional shares of stock for as little as $0.01, and all Stash accounts offer investment advice when needed.   

Go to Stash

Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures.

Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.

1Stash Banking services provided by Stride Bank, N.A., Member FDIC. The Stash Stock-Back® Debit Mastercard® is issued by Stride Bank pursuant to license from Mastercard International. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Any earned stock rewards will be held in your Stash Invest account. Investment products and services provided by Stash Investments LLC and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.

6. Stockpile

Best for: Family-focused platform

• Monthly fee: $4.95
• Minimum opening: $0
• Trading fees: $0 on self-directed stocks, ETFs, options

Stockpile is a brokerage that allows you to bull, sell and gift fractional shares of stock. The goal of founder Avi Lele when he first started the company was to give stock shares to his nieces and nephews. 

Stockpile Custodial Investment Account

Stockpile’s custodial investment account allows you to buy fractional shares of stocks and ETFs for as little as $1. Choose from thousands of popular stocks and ETFs.

Some Stockpile features include: 

• $0 trading fees
• No commissions
• Gift cards available
• No minimum balance requirement

The $4.95 monthly fee includes 1 adult account and up to 5 kid accounts.

You can have relatives and friends gift stock shares to your child’s Stockpile account, but there is a fee for purchasing gift cards. Stockpile’s main benefit is that it lets you buy fractional shares in small amounts with no fees.

Go to Stockpile

7. Vanguard

Best for: Well-known company and platform

• Monthly fee: $0 ($20 annual fee with option to waive)
• Minimum opening: $0 ($3,000 for custodian account)
• Trading fees: $0 on self-directed stocks, ETFs, options

Vanguard was founded in 1975 by investment great John C. Bogle. Also a member of SIPC, Vanguard is well known for its high-performing mutual funds.

Vanguard UGMA/UTMA

The Vanguard UGMA/UTMA account offers a broad line of investment options with an attractive fee schedule for self-directed investors. Some features include:

• $20 annual management fee (can be waived)
• $0 minimum opening deposit ($3,000 minimum for required custodian account)
• Free online ETF, mutual fund, and stock trades
• $1 per-contract for online options trades

The $3,000 minimum investment Vanguard requires for custodians may be a hurdle for some investor custodians. 

While these parameters might take you out of the running for Vanguard when you first start investing, you can always transfer your account from another broker when you reach a balance of $3,000 or more. 

Vanguard also offers a 529 College Savings Plan for minors – a Nevada plan – available to families in all 50 states. 

Go to Vanguard

How Do Custodial Accounts for Kids Work?

Custodial banking and investment accounts are opened and managed by an adult on behalf of a child. The custodian doesn’t have to be a parent or other relative, but they must commit to handling the money in the child’s best interest. This commitment is also known as a “fiduciary relationship.”

There are two main types of custodial banking accounts: 

• UTMA (Uniform Transfers to Minors Act)
• UGMA (Uniform Gifts to Minors Act)

UGMA accounts allow minors to own cash assets such as cash, stocks, bonds, and mutual funds. UTMA accounts can hold those investments while including other assets such as real estate. 

Make sure you speak with an investment advisor well-versed with custodial accounts to determine which one you should open.

How to Choose a Custodial Account

When choosing a custodial account for your child, you'll first want to consider your needs. Do you need a checking account for everyday spending? Or maybe you just want a savings account for your kids to start saving money. Or perhaps your kids are interested in investing. Also, consider the features you'll need in the account.

Once you know what type of account you want, you'll want to consider convenience. Even though this account is for your child, you'll still need convenient access to it. You may want to look into accounts where you already bank and invest.

Lastly, you'll want to look at the fees the account charges. Excess fees will likely frustrate someone just getting into banking and investing, and you want them to have a positive experience. Plus, they likely don't have much money right now, so every fee can take a big bite out of their balance.

Take your time and choose an account that makes the most sense for your and your family.

Final Thoughts on Custodial Accounts

You can open many types of custodial accounts for kids under 18. You can choose from spending or checking accounts, savings accounts, brokerage accounts, IRA accounts, and education savings accounts.

The custodial account you choose will depend on which benefits you’re searching for your child and the fees, minimum balances, and other features that best fit your needs. 

There’s no need to limit your child to just one custodial account at one institution. Pick and choose custodial accounts based on how they fit the financial goals you have in mind for your child(ren).

And keep fees in mind, as we all know that fees can be vital to how fast (or how slow) your portfolio grows

The post 7 Best Custodial Accounts for Kids Under 18 appeared first on Best Wallet Hacks.

With the recent rise in crypto prices, following the re-election of Donald Trump, Coinbase is looking to expand its userbase with a new promotion. It's been many years since they've offered a promotion (or at least one more than $5) and so if you've been waiting on the sidelines, it may be time to jump in.

It's one of the best crypto bonuses right now.

Coinbase New Account Promotion – $50 BTC

For new users, Coinbase will give you $50 in bitcoin once you open your account with the promo code GET50 and make your first trade (minimum of $1).

$50 BTC (of Bitcoin) will be added to your account within 48 hours. It's usually there in a few minutes.

You have to use the link below to open your account and qualify, you can't use a referral link (this offer will not stack with the $20 offer you get for using a referral link) to double up on rewards.

When you open an account, you'll need to provide identifying information like a driver's license or passport (you just upload a photo and they verify it that way). Then, you can link up an account (bank or PayPal, I suggest PayPal) and make a transaction.

The transaction will have fees ($0.99 usually) or you can sign up for Coinbase Pro (7 day trial) to pay nothing.

Get $50 from Coinbase

(Offer expires 11/22/2024)

The post Coinbase Promotions – $50 BTC for New Accounts appeared first on Best Wallet Hacks.

If you have quick hands, a sharp mind, and are familiar with the rules and strategies of some popular games online – you can turn that expertise into real money in competitive tournaments and head-to-head matches.

Mobile games are a fun activity in your free time. Unlike early phone games, such as Angry Birds and Flappy Bird, which were for entertainment only, today, it's easy to find games that pay real money.

Many rely on competition, so being quick and strategic can pay off. From arcade games to trivia, you can have fun and make a little money in your spare time.

Many games are free to download, while some may require in-app purchases. These games are all legit being run by large corporations with millions in revenue and funding.

We list them all below this table, but these are our favorites (and why):

Name	Why We Like Them	Start Playing	Learn more
Swagbucks	Oldest reward play system with a ton of options	Go to Swagbucks	Learn more
Blackout Bingo	Free, two minutes per round, very easy to play	Go to Blackout Bingo	Learn more
Bubble Cash	Skill-based Bubble popper game	Go to Bubble Cash	Learn more
Freecash	A variety of games, apps & surveys	Go to Freecash	Learn more
Solitaire Cash	Many varieties of solitaire	Go to Solitaire Cash	Learn more
Solitaire Cube	Short solitaire games (solo and tourney)	Go to Solitaire Cube	Learn more
Bingo Cash	Wide variety of bingo games	Go to Bingo Cash	Learn more
Rewarded Play	Play many different games to earn reward points	Go to Rewarded Play	Learn more
Pool Payday	Play pool on your phone to win prizes	Go to Pool Payday	Learn more
Cash'em All	100% free, earn based on time played	Go to Cash'em All	Learn more

1. Swagbucks –

Works With: Android and iOS devices

Prize Options: PayPal and gift card rewards

Swagbucks can be one of the best platforms to discover new moneymaking games and other rewarding activities. You can earn between $1 and $45 per game by reaching certain levels. Each game offer lists the accomplishments you must achieve and the completion deadline. Most games require you to complete the milestones within 14 days.

You will find games for many niches, including Adventure, Bingo, Casino, Card games, Dice, and Puzzles.

The offers update regularly as new games launch. You'll find other options to make money as you complete a mission.

Several other activities can earn rewards points: online surveys, shopping online, scanning paper receipts, signing up for product offers, and watching videos.

Another reason to consider Swagbucks is for the low payout thresholds. Amazon gift card redemptions start at $1. You will need $5 to request PayPal cash or gift cards to other brands.

Why We Like Swagbucks

• Many game genres
• Multiple ways to make money besides playing games
• Some games don’t require in-app purchases
• Amazon gift card payments as small as $1
• PayPal Cash rewards start at $5

You only need to be 13 years old to join Swagbucks.

Here's our full Swagbucks review to learn more

Go to Swagbucks

2. Blackout Bingo

Works With: Android and iOS

Prize Options: Cash and merchandise

Blackout Bingo is available for Android and iOS mobile devices and users can win cash prizes. It's one of our favorite games that pay real money because each round takes just two minutes and is free. Players compete against other users who see the same balls and game cards. You will need to be the first player to get “BINGO” to win prizes.

There are several ways to earn points for this game:

• Daub the correct box when a number is called
• Bingo and Double Bingos
• Speed completion bonuses

It’s also possible to earn boosts that can help you claim squares without waiting for the caller to call the corresponding number.

You can redeem your points for PayPal cash prizes and merchandise like t-shirts and phone cases.

Please Note! Cash tournaments are available in most of the world. Cash tournaments are not enabled in the following states: AR, CT, DE, IN, LA, ME, SD. If you don’t live in a prize-enabled region, you can still play for free.

Why We Like Blackout Bingo

• Free to play
• Massive community on Facebook (41k members!)
• Play against people with similar skill levels
• 4.5 stars on 86.6K reviews on Apple Store, 4.5 stars on 9.4K reviews on Google Play Store

Go to Blackout Bingo

3. Bubble Cash

Works With: Android and iOS

Prize Options: Cash

Bubble Cash is a skill-based pop shooter game where you get to test your skill in classic Bubble Shooter games. It's both fun and competitive where you get a chance to solve a puzzle (who can pop all their bubbles first) against other people and compete for prizes.

Unlike some other games, where there's an aspect of luck involved, with Bubble Cash there is no luck – every player gets the same layout so it's really about how fast and how accurate you can pop. The top three ranking wins in these real-money tournaments.

It's free to play, there are no ads and you can cash out with PayPal. Cash prizes are not available in Arizona, Arkansas, Indiana, Iowa, Louisiana, Maine, Montana, South Carolina, South Dakota.

Why We Like Bubble Cash

• Very little luck is involved
• Free to play
• Cash-out through PayPal
• 4.6 stars on 81.1K reviews on the Apple Store, 3.5 stars on 112 reviews on the Galaxy Store

Get Bubble Cash for iOS

Get Bubble Cash for Android

4. Freecash

Works With: Android and iOS

Prize Options: Cash, crypto, gift cards

Freecash is a rewards program that allows you to earn coins that are convertible to cash, crypto, and gift cards, when you play games, answer surveys, and complete offers. It started as Freeskins.com, which allowed gamers the chance to earn free skins when they completed offers, played games, and answered surveys.

They've since expanded to appeal to everyone.

Why We Like Freecash

It has games, but it also offers other ways to earn rewards. It's completely free, and you get free coins when you join, so you are that much closer to rewards.

Here's our full review of Freecash to learn more.

Go to Freecash

5. Solitaire Cash

Solitaire Cash is the solitaire game offered by Papaya Gaming, one of the largest gaming companies in the world. It's a completely free game that you can download right now and play against other people around the world.

Solitaire Cash offers a lot of variety from classic Klondike Solitaire. If you're a Solitaire aficionado, you'll find a familiar version. If you like to bounce around, you may discover a new version you love even more.

The design is smooth and sleek, so you won't be frustrated when you play—it's fast-paced and engaging.

Free to download and play gem tournaments. If you enter cash tournaments, you can even earn real money. Cash tournaments are unavailable in Arizona, Indiana, Iowa, Louisiana, Maine, Montana, South Carolina, and Washington.

With 351K ratings, it has a 4.6 out of 5 on the Apple App Store.

Go to Solitaire Cash

6. Solitaire Cube

Works With: Android and iOS

Prize Options: Cash and merch

Solitaire Cube is a fast-paced solitaire game where each hand only takes a few minutes. You can compete against individuals or in multiplayer tournaments.

Tournament entries start at $1, but higher payouts require a larger buy-in. You can win cash prizes or redeem your winnings for merchandise.

Practice rounds are free and a great way to learn the rules. You can also play for fun when you don’t want to spend money.

Please Note! Cash tournaments are available in most of the world. Cash tournaments are not enabled in the following states: AR, CT, DE, IN, LA, ME, SD. If you don’t live in a prize-enabled region, you can still play for free.

Why We Like Solitaire Cube

• Quick tournaments
• Cash or merchandise rewards
• Practice rounds are free
• 4.6 stars on 88K reviews on Apple Store, 4.5 stars on 7K reviews on Google Play Store

Go to Solitaire Cube

7. Bingo Cash

Works With: Android and iOS

Prize Options: Cash (PayPal & Apple Pay)

If you enjoy Bingo and think you can beat the masses, you'll enjoy Bingo Cash from Papaya Gaming. It's free to download and play with a variety of options. If there's a version of Bingo you like, this app will have it.

The best part is that you're matched with people of similar skill, and the top three finishers are considered winners. You don't have to be at the top of the heap; being in the top three is good enough.

You can earn real money when you enter cash tournaments if you are not a resident of Arizona, Iowa, Louisiana, South Carolina, or Washington.

Why We Like Bingo Cash

• Free to play with cash prizes
• The top 3 are the winners
• With 82.6K ratings, it has a 4.7 out of 5 on the Apple App Store.

Go to Bingo Cash

8. Rewarded Play

Works With: Android only

Prize Options: Gift card rewards

Rewarded Play is an Android app where you play games (like Solitaire, Wheel of Fortune, Yahtzee, Mahjong, etc.) and earn reward points that can be converted into gift cards at places like Amazon, Best Buy, Walmart, Target, etc. If you enjoy playing games, they can introduce you to the most popular ones available, and the more you play them, the more points you earn.

This isn't like other games where you have to deposit cash and compete against other people to earn money in tournaments. It's completely free, and many people earn their first gift card within 48 hours.

Rewarded Play has been downloaded over 10 million times and has 4.3 stars on 171K reviews on the Google Play store.

Why We Like Rewarded Play

• Many different types of games
• You don't have to pay to play – games are free
• You earn points based on how long you play
• You can convert points to gift cards

Go to Rewarded Play

9. Pool Payday

Works With: Android and iOS

Prize Options: Cash

If you enjoy angles and digital pool, consider Pool Payday. It can be a fun app to play against friends for free or participate in cash tournaments. You will need to pay a small entry fee to enter tournaments.

If you win a tournament, you can use PayPal, Apple Pay, or other digital wallets to make payments.

You can earn bonus points by completing trick shots, bank shots, speed, and ball placement.

Please Note! Cash tournaments are available in most of the world. Cash tournaments are not enabled in the following states: AR, CT, DE, IN, LA, ME, SD. If you don’t live in a prize-enabled region, you can still play for free.

Why We Like Pool Payday

• Cash prizes
• Several ways to earn bonus points
• Unlimited free practice rounds
• 4.6 stars on 80K reviews on Apple Store, 4.5 stars on 1.6K reviews on Google Play Store

Go to Pool Payday

10. Cash'em All

Works With: Android

Prize Options: Paypal, gift cards

Cash'em All is an app that pays you to play their free games – there are no ads, no deposits, no in-app purchases – you earn rewards based on how long you play games on their list. You don't have to win tournaments or put in any of your money, and the reviews are positive. How much you earn will depend on the game, how often you play, and how long you've had to play it.

Why We Like Cash'em All

• You earn rewards based on time played, not a competitive
• No ads, no in-app purchases, no deposits – 100% free
• 4.3 stars on 1.26 million reviews on Google Play

Go to Cash'em All

11. Mistplay

Works With: Android devices only

Prize Options: Retail gift cards and Visa prepaid cards

Mistplay is exclusively for Android users and only offers game apps to redeem for reward units and gift cards. There are many game options to choose from, and you can make in-app purchases to reach advanced levels sooner.

The platform lets you redeem units for awards as small as 50 cents for Amazon gift cards. Other redemptions start at $5 for prepaid virtual Visa gift cards. Some gift cards may require a minimum $10 balance. The higher reward levels tend to have a higher per-unit value. You can also redeem for PayPal gift cards.

You will earn units as you install and complete the in-game milestone. In addition to earning units when reaching higher levels inside games, you will earn units with the Mistplay loyalty program. Having a higher loyalty status can help you earn bonus units.

Why We Like Mistplay

• Multiple game options
• Can earn loyalty bonuses
• Gift card rewards start at $0.50

Go to Mistplay

Disclosure: The merchants do not endorse and are not affiliated with the Mistplay loyalty program. Brands and trademarks displayed belong to their respective holders.

12. Cash Giraffe

Works With: Android

Prize Options: Cash, PayPal, and gift cards

Cash Giraffe is a fun way to earn money or gift cards while you play a variety of games. There are all types of games – arcade, adventure, casual, and strategic. There are no in-app purchases, no deposits, and no advertisements.

You're given points simply for playing the games, and everything is tracked by time. You don't have to gamble or compete against other people; it's just for playing.

Why We Like MyPoints

• No purchase necessary
• You are given points based on time played
• Many cash-out options

Go to Cash Giraffe

13. InboxDollars

Works With: Android, iOS, and computers

Prize Options: Cash, PayPal, and gift cards

InboxDollars offers multiple ways to earn cash rewards, including games.

There are a few free games you can play, like Mahjong, Solitaire, and Outspell. However, the best opportunities are GSN games that require purchases. You get 18% cashback on your GSN credit purchases.

Here are some of the better ways to make money with this platform:

• Surveys
• Online shopping
• Redeeming coupons
• Reading sponsored emails
• Videos

Completing specific tasks lets you earn instant win scratch games to win cash prizes. The Scratch & Win cards have a maximum prize of $100 if you’re an active member.

The redemption minimum is $25, and the payment options are direct deposit, paper check, PayPal, and gift cards.

New members get a $5 signup bonus by joining InboxDollars.

Why We Like InboxDollars

• Earn rewards for GSN games
• Different tasks can earn money
• Cash and gift card rewards

Here's our full InboxDollars review to learn more.

Go to InboxDollars

14. MyPoints

Works With: Android, iOS, Windows PC, and Apple/Mac

Prize Options: Cash and gift cards

MyPoints only offers games that require purchases to play. The platform partners with WorldWinner for cash tournaments.

Instead of entering these daily tournaments directly through WorldWinner, MyPoints lets you get 4 points per $1 of game entries. First-time players can also make a one-time deposit.

You can practice these games for free; the entry fee starts at 25 cents. If you’re successful, your daily winnings can be more than playing games that require several days of play to meet the payout requirements.

You can play games from these franchises – Angry Birds, Bejeweled, Scrabble, Solitaire, Spades, Super Plinko, Trivial Pursuit, and Wheel of Fortune.

There are several other ways to earn reward points on MyPoints, and no purchase is necessary for several of them. Some options include taking online surveys, watching videos, and trying new apps.

If you’re willing to spend money, online shopping and in-store purchases and product trials are also available.

You only need $3 to redeem your rewards for gift cards to Amazon and $5 for many other restaurants and stores. PayPal cash redemptions start at $10.

Here's our full MyPoints review to learn more.

Why We Like MyPoints

• Gift card prizes start at $3
• PayPal rewards start at $10
• Several ways to earn points
• Can win WorldWinner cash tournaments

Go to MyPoints

15. Dominoes Gold

Works With: Android and iOS

Prize Options: Cash and gift cards

Another timeless game, Fives (also known as Muggins, All Fives, Five Up, and Doer Di), lets you earn real money through Dominoes Gold. You can compete in daily tournaments to win cash prizes.

First, you can play free games against your opponent to improve your skills. However, you won’t play them head-on but against the computer with an identical board. The human with the most points wins.

Once you’re ready to win real money, you can compete in live tournaments versus other players. Winners can receive PayPal cash, gift cards, merchandise, and sweepstakes.

Please Note! Cash tournaments are available in most of the world. Cash tournaments are not enabled in the following states: AR, CT, DE, IN, LA, ME, SD. If you don’t live in a prize-enabled region, you can still play for free.

Why We Like Dominoes Gold

• Cash and gift card prizes
• One of the few apps to offer Dominoes
• Daily tournaments
• 4.7 stars on 26.1K reviews on Apple Store, 4.5 stars on 2.2K reviews on Google Play Store

Go to Dominoes Gold

16. Big Buck Hunter: Marksman

Works With: iOS and Android

Prize Options: Cash, PayPal, and gift cards

I remember playing Big Buck Hunter in local bars all the time during college, I had no idea (but am not at all surprised) it was ported to smartphones and offer you the ability to compete against other players to win cash prizes.

If you've never played it, the premise is simple: You're a hunter, and you need to shoot bucks (male deer). You tap and hold to look down the scope of your rifle, drag to aim, and then release to fire the rifle. Hit the buck, and you get points. Hit female deer or does (they're the ones without antlers), and you lose points.

It's not a difficult game, but it's not easy either. You can win cash prizes by competing in tournaments or playing against other players.

Why We Like Big Buck Hunter

• Can compete against other players
• Gives you a bit of a challenge

Go to Big Buck Hunter

17. Money Well

Works With: Android

Prize Options: Cash, PayPal, and gift cards

Money Well is another game platform that awards you tickets for playing the games on their app. When you play, you earn tickets you can use to get gift cards and discount vouchers from various brands. You can also earn cash payouts.

There are no in-app purchases, money to deposit, or advertising. You are awarded tickets just by playing, and the tickets are based on time alone. There's no need to win; you don't compete in tournaments, and you can always see how many tickets you earn.

Why We Like Money Well

• No in-app purchases or advertising
• Don't need to win or compete to earn

Go to Money Well

18. Scrambly

Works With: Android

Prize Options: Cashback and gift cards

With Scrambly, you can earn cash rewards for completing various tasks, such as answering surveys for marketers, testing apps, and playing games. Scrambly's purpose is to help brands get consumer feedback or test out new apps — and those brands are happy to pay you in exchange for your time.

Your rewards can come as cash back via Visa, Amazon, or PayPal, or you can redeem virtual gift cards with Google Play, Apple, Spotify, and Walmart.

Cashouts are instant, with just a $1 minimum to PayPal, and you can withdraw as much as you like.

Why We Like Scrambly

• Lots of reward redemption options to choose from
• Instant cashouts at just $1 to PayPal

Go to Scrambly

Money-Paying Games FAQs

Here are some frequent questions about playing games that pay real money.

Summary

As you can see, there are many ways to make money by playing games. Whether you prefer casino games, adventure, puzzle, or arcade games doesn't matter. While some platforms have a pay-to-play policy, you can stack cash and gift cards for your efforts.

The post 18 Best Games That Pay Real Money (November 2024) appeared first on Best Wallet Hacks.

Discover has been around for decades. Most people know about its credit cards, which were first introduced in 1985 by Sears. At the time, it was novel because it had no annual fee and offered cardholders a higher-than-average credit limit.

Today, Discover Bank (FDIC# 5649) is headquartered in Greenwood, DE. It offers a wide range of bank accounts, from savings, checking, and CDs to loans and credit cards.

At a Glance

• 3.90% APY
• No fees
• No miminum balance requirements
• Checking account, money market, and CDs are also available from Discover.

Who Should Use Discover Online Savings

If you are in the market for an online savings account, Discover is a solid choice. It consistently has a high interest rate and there are no fees.

The drawback is that there are no physical branches, so you’ll have to access the account through the Discover website or via the mobile app. You also can’t deposit cash.

Discover Alternatives

Savings APY	4.00% APY	1.00% APY	4.00% APY
Monthly fee	$0	$0	$0
Minimum balance	$0	$0	$0
	Learn more	Learn more	Learn more

Discover Bank Online Savings

Discover’s High Yield Savings account earns 3.90% APY with no minimum balance requirement. Interest is calculated daily and applied to the account monthly.

The account doesn’t charge a monthly fee or any other kind of fee. There is no excessive withdrawal fee, stop payment fee, returned item fee, or insufficient funds fee.

There are several ways to deposit money into this online savings account, such as direct deposit, online transfer from a checking account, mobile deposit, and mailing a check. However, you cannot deposit cash at Walmart like with the checking account.

If you set up direct deposit, you can receive your funds up to two days early with Early Pay.

Go to Discover

Other Discover Bank Accounts

Discover offers a full range of bank accounts with a few (good) twists.

Checking Account

Discover’s checking account has no fees and no minimum balance requirements. Also, its Cashback Debit card allows you to earn 1% cash back on up to $3,000 in spending per month on your debit card (see website for details). Cashback on a debit card is rare.

Since it’s an online bank, depositing cash is a little more difficult. Discover allows you to deposit cash at any Walmart in the U.S. for free. You can add cash up to four times per day, or seven times per week and the money will be available in your account in about ten minutes.

The ATM network is huge – 60,000 locations – and they use Allpoint and MoneyPass’s networks.

You can also enable Balance+, which acts as overdraft protection. This feature allows you to use your debit card to overdraw the account up to $200 with no fees. To qualify for Balance+ you must have direct deposit of at least $200 per month for two months.

You can also receive your direct deposit up to two days early with Early Pay.

Go to Discover

Money Market Account

The money market account earns 3.70% APY for balances under $100,000 and 3.75% APY for balances of $100,000 and above. There are no fees or minimum balance requirements on this account.

You will receive a debit card with this account and can access the account at over 60,000 ATMs for free. Like the checking account, you can deposit cash at any Walmart in the U.S. for free. If you have direct deposit to this account you can get your direct deposit up to two days early.

Certificates of Deposit

Discover offers several CD terms, all with competitive interest rates. To open a CD, there is no minimum deposit. The interest rates are as follows:

• 3-month: 2.00% APY
• 6-month: 3.70% APY
• 9-month: 3.80% APY
• 12-month: 4.10% APY
• 18-month: 3.80% APY
• 24-month: 3.60% APY
• 3-year: 3.50% APY
• 4-year: 3.40% APY
• 5-year: 3.40% APY

As with most CDs, there is a penalty if you withdraw funds before the end of the term. For example, CDs with terms less than 1 year have a penalty of 3 months simple interest, and CDs with terms between 1 and 4 years have a penalty of 6 months of simple interest.

Go to Discover

Discover Bank Fee Structure

Discover Bank doesn’t charge very many fees for its bank accounts.

• No monthly maintenance fee on any deposit account (checking, savings, money market, or CDs)
• No minimum balance on checking, savings, or money market accounts
• No fee on ATM withdrawals in-network (60,000 ATMs) on checking or money market accounts
• No fee on check reorders on checking
• No fee on online transfers on checking, savings, or money market
• No fee on online billpay for checking and market

If you’ve ever made an “excessive number of withdrawals” from a savings account, you were probably upset by the fee. It’s Regulation D limits the number of transfers you can make from a savings account. Well, Discover does not charge you a fee for that. They also don’t charge one for a stop payment or insufficient funds.

Discover Mobile Banking Smartphone App

Discover has a mobile banking app that is on par with any other online bank out there. Anything you would want from a branch or online is available – you can check your account, make transfers, find an ATM, and even deposit checks with mobile deposit.

If you have an Apple Watch, Discover Mobile is available on that too. You can access your account, get reminders, and Cashback Bonus notifications.

The mobile banking app gets 4.5 stars on Google Play and 4.9 stars on the App Store.

Go to Discover

Discover Alternatives

Capital One 360

Capital One, another bank known for its credit cards, also has some attractive banking options. The Capital One 360 checking has no fees or minimum balance requirements and earns 0.01% APY. When comparing this against Discover’s checking account, you’ll have to balance earning a bit of interest against getting 1% back on your debit card purchases.

Capital One also has a savings account that earns 4.00% APY with no fees. It also offers a wide variety of CDs with competitive rates, but no money market account.

Here’s our full review of Capital One’s 360 Savings account.

Go to Capital One

American Express

Ameican Express offers a rewards checking, a high-yield savings account and CDs. The checking account earns 1.00% APY on your balance. Compared to Discover’s checking account, this likely earns more as it earns interest on your whole balance, not just what you spend on your debit card. There are also no monthly fees and no minimum balance requirements.

It also offers a high-yield savings account that earns 4.25% APY with no monthly fees or minimums. It also has a variety of CDs with competitive interest rates with no minimum balance requirements.

Go to American Express

Ally Bank

Ally Bank is an online bank that offers a checking account and a high-yield savings account which earns 4.00% APY. Neither account charges a monthly fee or have minimum balance requirement.

Ally also offers several different types of CDs with attractive rates and it also has a money market account.

Go to Ally Bank

Is It Worth Getting?

If you do not have an online bank, Discover’s online savings account is a solid choice.

It has a competitive interest rate, nice range of certificates of deposit terms and rates, plus it offers a checking account reward – a rarity. They check all the boxes and add a cherry on top.

Their Cashback Debit account product is one of the biggest advantages. You do not see debit rewards very often and 1% cash back on up to $3,000 in purchases each month is very generous.

If you already have an online bank that you like, Discover Bank is similar (the rewards checking is nice but 1% of the maximum $3,000 is only $30, may not be worth switching). Discover Bank has no minimum balance or maintenance fees so it won’t cost you anything – plus you still get a high-interest rate on the account so you don’t lose out there.

Lastly, if awards are important to you, they have a 5 Star Rating Safe & Sound from Bankrate and a 5 Star Rating from Nerdwallet.

You can contact Discover Bank by calling 1-800-347-7000, and they accept general correspondence at Discover Bank, PO Box 30416, Salt Lake City, UT 84130.

Go to Discover

The post Discover® Bank Online Savings Account Review appeared first on Best Wallet Hacks.

Whether it’s delivering restaurant meals, groceries, dry cleaning, or Amazon shipments, thousands of people are making money with delivery job apps. You may be familiar with names like Uber Eats, DoorDash, and Instacart, but there are many other apps that offer the potential to earn a side hustle income with your vehicle.

To help you find the right job, we list the best delivery job apps and explain which states and cities you can use them in, what requirements deliverers must meet, and how much money you might expect to make.  

1. Uber Eats

Expected pay: $15 to $25 per hour

What we like: Flexible delivery, scheduling, and payment options

Launched in 2014, Uber Eats is an offshoot of the Uber ridesharing app and one of the best ways to get food delivered right to your door. The service is available in over 6,000 cities and 45 countries worldwide.

You can deliver for Uber Eats using a car, scooter, bicycle, or foot. 

You can sign up for as little as an hour of delivery with Uber Eats. You’ll be shown the pay for a delivery job before you accept it, and 100% of the tips are yours to keep.

Pay is delivered automatically every week, or you can use InstantPay and cash out up to five times daily. 

In addition, Uber Eats lets you choose whether to be an employee working set shifts or an independent contractor setting your hours. 

Know that all Uber Eats applicants are subject to a background screening. Bicycle or foot applicants must be at least 18 years of age, and car or scooter applicants must be at least 19  years of age. 

✨ Related: 8 Jobs Like Instacart

2. DoorDash

Expected pay: DoorDash doesn’t publish pay rates; however, the job offers plenty of flexibility, and there are ways you can increase your income as a delivery driver.

What we like: Huge customer base.

DoorDash is available in over 7,000 cities in all 50 states, Washington D.C., Puerto Rico, and Canada. Signing up to be a Dasher takes just a few minutes, and most Dashers start working within a few days.

You can drive with DoorDash if you have a car, bike, motorcycle, or scooter. There are no other vehicle requirements. 

The DoorDash app displays the pay you receive for each job before you accept it. It also shows you where to pick up the order and where to drop it off.

You keep all of the tips you earn. Along with your per-job pay and tips, there are other opportunities to earn, such as Peak Pay promotions and Challenges. 

Peak Pay pays you extra when you deliver during certain hours. Challenges pay you extra when you make a certain number of deliveries in a set amount of time. 

Customers are encouraged to tip generously, but not all customers will tip. Providing excellent customer service will help you to earn more. 

Learn more in our DoorDash review.

Learn more about DoorDash

3. Instacart

Expected pay: $7-$20 per hour, depending on your job position and how much you earn in tips.

What we like: Flexible job positions.

Instacart was founded in 2012 and operates in all 50 states. One nice thing about Instacart is that you can choose between two jobs: In-Store Shopper and Full Service Shopper.

In-Store Shoppers are responsible for hand-selecting items for customer orders and preparing the orders for delivery. 

As an In-Store Shopper, you don’t do the actual delivery part of the job. However, you must be 18 years old, have a smartphone, be able to lift 50 pounds, and be willing to create your own schedule.

As a Full-Service Shopper with Instacart, you will shop for customers’ groceries and deliver their orders. You must also be at least 18, have a smartphone, and be able to lift 50 pounds. You can set your own schedule too, but you need to have access to a vehicle.

In-Store-Shoppers are paid an hourly wage. Full-Service shoppers are paid per job and can also earn tips.

Getting started with Instacart is easy and only takes a few minutes. Once you’ve signed up, you’re usually approved to work within a few days.

Learn more about Instacart

4. Grubhub

Expected pay: $12-$20 per hour, depending on where you live and tips.  

What we like: The minimum pay thresholds.

Grubhub is a restaurant delivery service founded in 2004. Today, it serves nearly 4,000 cities across all 50 U.S. states. One thing we like about Grubhib is that all locations have a minimum payment threshold. 

That means if a job pays less than the area’s minimum pay threshold, Grubhub will cover the difference to bring it up to the preset minimum pay. This attractive feature helps ensure you’re earning a decent income with the company. 

You can drive a car or ride a bicycle while working with Grubhub. Car drivers must have a valid driver’s license, and bicycle riders must have a valid state ID.

Pay is directly deposited every week. However, an option for Instant Cashout allows you to get up to $500 of your pay daily. With Instant Cashout, you can get paid today if you work today.

Note that there is a $0.50 charge for each Instant Cashout transaction. You can choose scheduled blocks to work for Grubhub or sign on whenever you’re available and work when you want.

However, note that drivers who choose scheduled blocks get priority over non-schedulers. 

For more details, check out our DoorDash vs. Grubhub comparison.

Learn more about Grubhub

5. Amazon Flex

Expected pay: $18 to $25 per hour

What we like: The Amazon Flex Rewards program

As an Amazon Flex driver, you’ll deliver packages for Amazon Prime members, groceries for Amazon Fresh customers, and other deliveries.

You’ll sign up in preset blocks of two to six hours, depending on your location and the work you’re delivering. 

There are also Instant Offers for immediate and shorter blocks. Like Grubhub, Amazon has a minimum payment threshold, which you will see in the work offers you receive.

You can choose to get paid whenever you want, whether that be daily or weekly. You can even choose which day of the week you get paid. 

Amazon Flex also has a rewards program where you can earn points for delivering with them. You can use your points to get cash back, purchase discounts, and more. 

Note that you must be at least 21 years old and eligible to work in the U.S. to work at Amazon Flex. You’ll also need a midsize or larger sedan or SUV to deliver for Amazon. Smaller cars, trucks with open beds, scooters, or other motorized bikes do not qualify. 

6. Caviar

Expected pay: $15 to $25 per hour, possibly more with tips

What we like: Delivery from upscale restaurants

Caviar was launched in 2013 as a delivery service for restaurant patrons in the San Francisco area. It quickly expanded to Seattle and New York City and was purchased by Square in 2014. 

Caviar’s big boast was that it had access to deliveries from higher-end restaurants that wouldn’t typically partner with DoorDash and similar delivery companies. 

In 2019, DoorDash purchased Caviar from Square for a hefty $410 million in cash and stock options. 

Caviar still retains its list of high-end restaurants to which drivers can deliver. However, thanks to DoorDash’s acquisition, Caviar drivers can now deliver to a wider range of restaurants.

Driver requirements and pay match the parent company’s pay, the details of which you can find on the DoorDash website.

This partnership means more delivery opportunities at upscale restaurants and lower-end fast food places. Either way, the expanded opportunities can result in higher earnings for you. You might earn more significant tips if you can secure some Caviar deliveries.

7. Saucey

Expected pay: $10+ per hour, depending on location and tips. 

What we like: Limited overnight/late night shifts.

Saucey is a delivery service that focuses solely on delivering alcohol. You will deliver wine, beer, and other liquor to paying customers.

Because you deliver only when liquor stores are open, you probably won’t work many late-night or overnight shifts. 

Saucey operates in dozens of U.S. cities, including New York City, Chicago, San Francisco, Seattle, Minneapolis, Dallas, and Orlando.

One thing to note about delivering for Saucey is that you’ll have to ID all your customers upon delivery. This is a requirement for deliverers. 

Saucey has a preset pay amount for every job, which is higher if you’re willing to schedule blocks of delivery time. You must be at least 21 years old and own a reliable vehicle to deliver with Saucey.

Saucey requires a clean driving record, and you must have insurance on your vehicle.

8. Shipt Shopper

Expected pay: $15 to $21 per hour

What we like: Ability to accept more than one order at a time

Shipt was founded in 2014 as a grocery shopping/delivery service and was purchased by Target in 2017. Since then, the service has expanded to thousands of U.S. cities. 

When you deliver for Shipt, you’ll also be expected to shop and need a good working knowledge of selecting quality produce. 

With Shipt, you can accept more than one delivery at a time, which helps you better use your working hours. Orders are paid for using your Shipt card, which has enough money to pay for your orders. 

To deliver for Shipt, you must be at least 18 years old. You also need a 1997 or newer vehicle with insurance and the ability to lift 50 pounds. 

Deliverers will earn a preset pay per order and be rewarded with discounts on products and services in their area. You can earn tips as a deliverer, too, and you’ll have the opportunity to earn perks and bonuses. 

Shipt deliverers are paid every Friday via direct deposit. It’s one of many flexible jobs for college students and others looking to earn extra cash.

✨ Related: Get Paid Today: 17 Ways to Make Money in Your Spare Time

9. Favor Delivery

Expected pay: $10+ per hour.

What we like: You can deliver a variety of items.

If you live in Texas, you might want to consider delivering for Favor. The company operates in dozens of cities, including Dallas/Fort Worth, Austin, Houston, etc.

Favor allows you to deliver groceries and restaurant orders. However, you may also have other opportunities, such as dry cleaning, pharmacy, or pet store deliveries. The variety can make the job more enjoyable.

If you’re delivering by car, you must have a valid driver’s license, but you can also deliver by bicycle with a valid state ID. 

Applicants are subject to background checks. Regarding pay, you can expect to get 35% of the delivery fee and 100% of the tips you earn. Pay is delivered via direct deposit. 

There are minimum pay guarantees if you’re willing to schedule yourself to work block shifts for the company. 

Note that you must be 18 years old to deliver for Favor.

10. Eaze

Expected pay: $18 to $26 per hour

What we like: Attractive pay rates.

Eaze drivers deliver cannabis products from licensed retailers to customers in California and Michigan. Eaze operates in hundreds of California cities and nearly 50 cities in three different Michigan counties. 

To deliver using the Eaze platform, you must be at least 21 years old and complete a criminal background check. Your vehicle must also be a 2005 model year or newer.

Eaze pay rates are higher than many other delivery services. Drivers can earn an hourly wage plus mileage and tips.

Eaze has the tightest driver requirements on our list, and it can take several weeks to get approved as a driver. However, the attractive pay rates may be worth the time and effort. 

11. Gopuff

Expected pay: $14 to $20 per hour

What we like: One central pick-up location.

Gopuff has been around since 2013 and now operates in over 650 locations throughout the U.S.

With Gopuff, you’ll pick up your deliveries at the Gopuff warehouse fulfillment center instead of going to various stores. Customers can order groceries, cleaning supplies, personal goods, alcohol, electronics, health and beauty items, and more. 

Gopuff drivers must be at least 21 years old, as they may be required to deliver alcohol. They must also pass a background check.

You’ll need a reliable vehicle, insurance, and a valid driver’s license to drive for Gopuff. 

You can sign up for on-demand deliveries or schedule a shift. There is a per-pay delivery amount, and you can also earn tips. 

Shift workers get a bonus pay rate for time spent waiting at the fulfillment warehouse. Some locations offer weekly bonuses and Boosts (per-order bonuses offered during high-demand delivery blocks.) 

12. Delivery.com

Expected pay: $16 to $20 per hour, depending on delivery location.

What we like: Driver support call center

Delivery.com is the longest-running delivery service on our list; it was founded in 1995. 

The company delivers groceries, alcohol, gifts, and dry cleaning, covering more than 33 states and thousands of cities in the U.S. 

Driver requirements are minimal; you’ll need a valid driver’s license and a car with insurance. You must also be 21 years old and agree to a background check. 

You’ll be offered a base pay rate for each delivery and keep 100% of the tips you earn. There are opportunities to earn bonuses as well. 

If you have questions about deliveries you’re scheduled to complete, the company’s driver support call center is available. You’ll get paid via direct deposit, but you can also choose daily pay for a fee.

13. Dolly

Expected pay: $50 per hour on average for Helpers and $35 per hour on average for Hands.

What we like: Highest earning potential

Dolly works a bit differently than the other delivery services on this list. When you work as an independent contractor for Dolly, you can work as a Dolly Helper or a Dolly Hand. 

Dolly Helpers must own a pickup truck, a car with a trailer, a cargo van, or a box truck to help customers move or transport items. 

Dolly Hands help people move items; no transporting is required. 

Both positions require you to be able to lift at least 75 pounds. You earn more money for being a Helper than a Hand, but both positions pay well. 

Pay is distributed via PayPal on Fridays and Tuesdays. You’ll work as an independent contractor when you deliver for Dolly.

That means you’ll be expected to keep track of your income and expenses and report them to the IRS at tax time. 

All applicants are subject to background checks, and they can expect to be approved to start working in five to ten days. Use the Dolly app to find jobs near you.

How to Choose a Delivery App

There are a few factors to consider when deciding on a delivery app. First, you’ll need to ensure the app is available where you live. Unless you live in a very rural area, most of the major apps, such as Instacart, DoorDash, and Uber Eats should be in the area.

Second, make sure you can meet the driver requirements. For example, to make alcohol deliveries for Saucy, you must be 21 or over. If you want to deliver for Dolly, you must be able to lift at least 75 lbs. Of course, there are the vehicle requirements. Depending on the app, you may need to own a reliable vehicle of a certain model year or newer.

Lastly, make sure the app works with your schedule. For example, if you’re never available during the evenings or on weekends, you might not be able to maximize your earnings during peak hours with certain apps.

How to Make More Money as a Delivery Driver

Delivery apps can make a great side hustle, but your earnings can get squeezed if you’re not careful. Here are some tips for maximizing your earnings as a delivery driver.

1. Drive during peak hours: If you’re going to spend your precious time delivering groceries or restaurant meals, you want to make it worthwhile. Try to work during the busiest times. This is often evenings, weekends, and holidays, but some restaurants are also busy during lunch.
2.  Watch your expenses: It doesn’t matter how much money you make if you can’t keep your expenses under control. And being a delivery driver can be costly. Try to drive an affordable, fuel efficient vehicle. Lastly, avoid hitting the drive thru and spending your hard-earned money on expensive fast food or lattes while you work.
3. Focus on providing great customer service: Being kind, cheerful, and helpful will result in more tips. Go the extra mile when you have the opportunity. People often give better tips for great service.
4. Work efficiently: Making the best use of your time by getting deliveries where they need to go quickly and safely is another way to increase your earnings. You’ll earn more tips and complete more jobs.
5. Take advantage of promotions and challenges, and peak hours: Many delivery companies offer higher pay when running promotions or challenges. Take advantage of these opportunities and increase your income. 

FAQs

Final Thoughts on the Best Delivery Job Apps

The best delivery job apps help you work around your schedule while making a decent wage. Some delivery apps allow you to work for more than one company simultaneously. You can create a successful side hustle stack by working for multiple delivery job apps. If you’re looking for a new way to earn extra cash, there’s no better time than now.

The post 13 Best Delivery Job Apps for Making Extra Money appeared first on Best Wallet Hacks.