Stashing Your Cash During Trump's Tariff Uncertainty? This Type of Account Pays Over 4%

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KEY POINTS
- Economic uncertainty is driving demand for safe, interest-bearing savings options.
- HYSAs currently offer over 4.00% APY, with no risk, no fees, and full liquidity.
- These accounts are ideal for emergency funds, travel savings, or any short-term financial goal.
You've likely seen the headlines: Global trade tensions are heating up, and prices could be on the move again. New tariffs, retaliatory taxes, and supply chain disruptions are adding fresh uncertainty to the economy -- and everyday consumers are likely about to feel the ripple effects.
With inflation still lingering and markets bouncing on global headlines, you're probably asking a simple question: Where can I safely grow my savings right now?
The answer for more and more people is clear: high-yield savings accounts (HYSAs).
Why HYSAs make sense right now
High-yield savings accounts offer a rare combo in today's financial landscape: strong returns and peace of mind. These accounts are federally insured, come with zero risk to your principal, and many are still paying well above 4.00% APY -- even as rates on other products have started to slip.
Here's what you typically get with a great high-yield savings account:
- 4.00% to 4.50% APY -- often 10x what big banks pay
- No fees or monthly maintenance charges
- No minimum balance to open or earn interest
- Instant access via mobile apps or online banking
Whether you're building an emergency fund, saving for a big trip, or just trying to stay ahead of inflation, a HYSA offers one of the best risk-free returns available today.
The CIT Platinum Savings account is one of the best HYSA options available. It offers 4.00% APY for balances of $5,000 or more, and we rated it 4.5 out of 5 stars -- open an account today.
Don't wait too long
The economic picture is still evolving -- and that means savings rates could drop at any time. If you're sitting on idle cash in a checking account or earning less than 1.00% in a traditional savings account, now's a good time to act.
Even a few thousand dollars earning 4.10% APY can add up faster than you might think, especially if you're saving for short-term goals.
Time is money
In a world where prices are rising and headlines change fast, an HYSA is a simple but powerful tool to keep your money safe -- and growing. You don't need to take on market risk to earn a solid return, check out our list and open a high-yield savings account today.
Our Research Expert