24 savings accounts that will seriously help your money grow

24 savings accounts that will seriously help your money grow24 savings accounts that will seriously help your money growSaving money is easy, but knowing where to stash that cash can be hard. Brick-and-mortar banks just arent what they used to be. Yes, they offer the convenience of having access to a local ATM, plus online and mobile banking. But they just cant compete with online banks when it comes to great interest rates.Switching bankscan be scary at first, but it could literally pay off in the long run. The average traditional bank offers an APY (annual percentage yield, or the amount of money you could earn every year for having your money in that account) of0.09%. So if you had $1,000 in a savings account at a traditional bank with 0.09 percent APY, and the interest is only calculated every 12 months, youd earn just 9 cents per year.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreHowever , online banks offer much higher rates, sometimes as much as 40 times the amount of a traditional bank. That means you could be earning dollars every year, rather than measly cents, by switching.If youre ready to have your money do some of the work for you, consider switching to a savings account that offers a higher APY. To help you decide which one you should try, we rounded up some of the best savings accounts for every budget that will help your money grow. All are FDIC-insured and offer a variety of interest rates that may be best for your savings situation.1.CIT Bank2.45% APYRequired monthly deposit of $100 to earn interestNo monthly fees2.MySavingsDirect2.4% APYRequired extremum balance of $1 to earn interestNo monthly fees3.Vio Bank2.39% APYRequired extremum balance of $100 to earn interestNo monthly fees4.CIBC Bank USA2.39% APYMinimum $1,000 deposit to open an accountNo monthly fees5.Citizens Access2.35% APYRequired minimum balance of $5,000 to earn interestNo monthly fees6 .PurePoint Financial2.35% APYRequired minimum balance of $10,000 to earn interestNo monthly fees7.Northpointe Bank2.3% APYRequired minimum balance of $1 to earn interestNo monthly fees8.Salem Five Direct2.3% APYRequired minimum balance of $100 to earn interestNo monthly fees9.Marcus by Goldman Sachs2.25% APYRequired minimum balance of $1 to earn interestNo monthly fees10.Customers Bank2.25% APYRequired minimum balance of $25,000 to earn interestNo monthly fees11.HSBC Direct Savings2.22% APYRequired minimum balance of $1 to earn interestNo monthly fees12.Barclays2.2% APYRequired minimum balance of $0 to earn interestNo monthly fees13.Synchrony Bank2.2% APYRequired minimum balance of $0 to earn interestNo monthly fees14.Ally Bank2.2% APYRequired minimum balance of $0 to earn interestNo monthly fees15.IncredibleBank2.2% APYRequired minimum balance of $25,000 to earn interestNo monthly fees16.FNBO Direct2.15% APYRequired minimum balance of $1 to earn interestNo monthly fees17.American E xpress National Bank2.1% APYRequired minimum balance of $1 to earn interestNo monthly fees18.Discover Bank2.1% APYRequired minimum balance of $1 to earn interestNo monthly fees19.E*Trade2.1% APYRequired minimum balance of $100 to earn interest$10 monthly fee, unless balance exceeds $1,00020.Radius Bank2.05% APYRequired minimum balance of $25,000 to earn interestNo monthly fees21.Cross River Bank1.92% APYRequired minimum balance of $1 to earn interestNo monthly fees22.Colorado Federal Savings Bank1.9% APYRequired minimum balance of $1 to earn interestNo monthly fees23.DollarSavingsDirect1.80% APYRequired minimum balance of $1 to earn interestNo monthly fees24.Capital One 3601.00% APYRequired minimum balance of $1 to earn interestNo monthly feesThis article originally appeared on Swirled.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily sc hedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people