Comments on: Basics: High Yield Savings Accounts http://www.uncommon-cents.net/2008/08/22/basics-high-yield-savings-accounts/ (Hopefully) simple personal finance Thu, 29 Jul 2010 22:41:36 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Credit Cards http://www.uncommon-cents.net/2008/08/22/basics-high-yield-savings-accounts/comment-page-1/#comment-6565 Credit Cards Thu, 20 Nov 2008 20:00:27 +0000 http://www.uncommon-cents.net/?p=339#comment-6565 I guess the main thing to look out for if you want to be safe with your money is to see if the account you open is FDIC insured. And up to what limit is the high yield account insured. If you have all your money in one bank...even if it is in different high yield and low yield accounts within the same bank.... the bank will usually only insure you up to the limit of the total amount invested in the bank. I guess the main thing to look out for if you want to be safe with your money is to see if the account you open is FDIC insured. And up to what limit is the high yield account insured.

If you have all your money in one bank…even if it is in different high yield and low yield accounts within the same bank…. the bank will usually only insure you up to the limit of the total amount invested in the bank.

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