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Martin Lewis shared how to get £175 for free from your bank.Source: Good Morning Britain, ITV

Martin Lewis shares how to get free £175 from your bank

⏲ 1:6 👁 74.4M

Varo. A bank for all of us.

Moments of Progress - Tracey - Budgeting and Reaching Money Goals

⏲ 1 minute 3 seconds 👁 84

Varo. A bank for all of us.

Moments of Progress - Bryan - One of the Best Cash Advances Around

⏲ 46 seconds 👁 60

King Charles banknotes enter circulation today: Where can you get them in London?

King Charles banknotes enter circulation today: Where can you get them in London?

⏲ 1:9 👁 51.6M

Varo. A bank for all of us.

Moments of Progress - Derrome - Teaching Kids to Manage Their Money

⏲ 1 minute 1 second 👁 21

Varo. A bank for all of us.

Moments of Progress - Daniela - Building Credit and Saving More

⏲ 49 seconds 👁 24

Domestic and family violence can be perpetuated through bank transactions, according to major Australian banks. Offenders might send one cent transactions with abusive messages when they have been blocked on all other platforms.

Australian banks are blocking thousands of abusive or threatening bank transactions every year.

⏲ 2:32 👁 2.6M

Varo. A bank for all of us.

Real People, Real Progress | Varo Customer Stories

⏲ 31 seconds 👁 208

Varo. A bank for all of us.

Varo Believe | How you’ll build credit

⏲ 50 seconds 👁 12.2K

A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual percentage yield, is the amount of interest earned on an account in one year. The APY for high-yield savings accounts can be anywhere from 3% to over 5% — much higher than that of a traditional account. <br/><br/>Savings rates have been on the rise following a series of interest rate hikes by the Federal Reserve, as the central bank has sought to reduce inflation. The Fed opted to raise rates at the last meeting, raising the federal funds rate, a key bank lending rate, to a target range of 5.25%-5.50%. Experts believe that the Fed may raise rates again at the next meeting. Higher interest rates could potentially increase savings rates further, so many recommend locking in rates now while they're on the rise. Over time, rates will decrease as inflation cools.<br/><br/>Since the rate of return on high yield savings accounts is better than that of traditional savings accounts, you'll be able to accrue more cash over time. You can use our tool, in partnership with Bankrate, to compare savings rates today.

What Are High-Yield Savings Accounts?

⏲ 1:27 👁 26.8M

Varo. A bank for all of us.

Varo Bank Launches “SaveUp” Financial Education Course in Collaboration with EVERFI

⏲ 2 minutes 43 seconds 👁 166

Varo. A bank for all of us.

Russell Westbrook reacts to tweets about banking nonsense

⏲ 1 minute 16 seconds 👁 421

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