Credit Karma Money™ has unveiled a high-yield savings account, offering an impressive 5.10% APY, which is more than 10 times the national average. This FDIC-insured account ensures your funds are protected up to $5 million and comes with no monthly fees, transfer fees, or minimum balance requirements. To aid in reaching financial goals, customers can set up automated savings. Additionally, opening a Credit Karma Money™ Spend account grants access to Early Payday and $20 overdraft coverage with a monthly direct deposit of $750 or more. Accounts are free to open with at least $0.01 to start earning interest and can be managed easily through the Credit Karma app.
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