We break down this week’s most competitive cash rates—from banks, credit unions, brokers, robo-advisors, and the U.S.

CIT Bank’s Platinum Savings Account comes with an attractive APY. But savers must have a minimum of $100 available to open the account and hold a balance of at least $5,000 to earn the top APY ...

That amount is what people hold in transaction accounts ... a higher interest rate to matter to me I don't trust the banks offering savings accounts with high interest rates I didn't know savings ...