Earn up to 5%
APY on your
Savings Account
Get up to 5% APY. That’s 11x the national average* Put your money to work and watch it grow in a FDIC-Insured secure account.
Savings Interest Calculator
See how much interest
you could earn.
Savings shouldn't be a struggle
Grow your savings.
- Watch your money grow with high interest rate
It won't cost you a penny.
- No hidden or unnecessary fees.
Enjoy seamless experience
- Enjoy the seamless banking experience at your fingertips
Your savings are FDIC-insured.
- The funds in your account are insured up to $250,000.*
- Late fees
- Setup fees
- Hidden fees
- Annual fees
- Minimum balance fees
No fees. Period.
Easy to use and navigate! No hoops to jump thru!
Every other week this app is my hero. Like most ppl I often struggle to pay all of my bills on time or go grocery shopping. I often...
Alex
Absolutely life-saving!
This app has been a game changer for my budget. It helps me send money instantly without worrying about fees.
Sophie
Smooth experience
Transfers are fast, and the interface is intuitive. I never have to waste time figuring things out.
Mark
Highly recommend
I was skeptical at first, but now I can’t imagine going back to my old payment methods.
Emma
Do more with Beem
Fast personal loans, health program, & so much more!
Save up to 40% on interest rates
Get personal loans up to $100k! Compare & find the best offers.
Get up to $1000 instant cash
Access future deposits for emergencies. No interest & no credit checks!
Protect your family’s health for under $40/mo
Start your first month free! Save big on dental, vision, prescriptions & more.
Save up to 40% on interest rates
Get personal loans up to $100k! Compare & find the best offers.
Get up to $1000 instant cash
Access future deposits for emergencies. No interest & no credit checks!
Protect your family’s health for under $40/mo
Start your first month free! Save big on dental, vision, prescriptions & more.
Save up to 40% on interest rates
Get personal loans up to $100k! Compare & find the best offers.
Get up to $1000 instant cash
Access future deposits for emergencies. No interest & no credit checks!
Protect your family’s health for under $40/mo
Start your first month free! Save big on dental, vision, prescriptions & more.
Frequently asked questions by Beeeeemers!
To open a High Yield Savings Account, you must share your identification and other relevant documents per the bank's requirements. The application process for HYSA is straightforward and can often be completed online.
You may need to provide the following documents:
- Valid government-issued ID (such as a driver's license or passport)
- Social Security Number (or Tax Identification Number)
- Address proof (like a utility bill or lease agreement)
Additionally, some banks may require documents to verify your identity and comply with regulatory requirements for a high-yield savings account. You can start the application process once you have gathered the necessary documents. Many banks offer a user-friendly online application process, allowing you to open a high-yield savings account from the comfort of your home.
Follow these simple steps to open your high-yield savings account.
- Research: Compare different banks and their account offerings.
- Gather Documents: Prepare your identification, Social Security number, and initial deposit.
- Choose an Account: Select the bank and account that aligns with your needs.
- Apply Online: Complete the application form on the bank's website.
- Fund the Account: Transfer your initial deposit to activate the account.
- Verify Information: Confirm your identity as required by regulations.
- Start Saving: Begin depositing funds and watching your savings grow.