Two thirds of easy access savings accounts have restrictions on accessing your money, which can be a concern in emergency situations.
A recent study found that out of the top 30 easy access savings accounts, 22 have some sort of restriction on how quickly you can access your funds.
Having an emergency fund is crucial for financial resilience, and it's essential to have it in an easily accessible account to provide protection when needed.
The ideal account is one that offers easy access, earns interest, and grows faster than inflation, making top easy access savings accounts with high interest rates a popular choice.
Having money set aside in an emergency fund is a key part of building up your financial resilience and offering you protection in case you need cash in a hurry.
Autor's resume: Emergency funds require easy access.