ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 19, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

6 Best Ways To Earn Interest On Your Money in 2024

by Olawuyi Oyindamola Esther
1 year ago
in How-to
Money
Share on WhatsAppShare on FacebookShare on XTelegram

1. High-yield savings account (HYSA)
Traditional savings accounts typically have relatively low interest rates, which means your money won’t have a very high rate of return. But, many banks, such as Valley Direct and Western Alliance Bank, offer high-yield savings accounts with a rate of return much higher than a typical savings account.

Advertisement

2. Certificate of deposit (CD)
Another way to earn higher interest on your savings is to put your money into a certificate of deposit, or CD. With a traditional savings account, you can deposit and withdraw money as needed (within the account’s limits). Still, with a CD, you commit a lump sum for an agreed-upon amount of time (called a term), during which you can neither deposit nor withdraw from the account.

3. Money market account (MMA)
Opening a money market account, or MMA, can be another way to earn more interest on your money than with a traditional savings account. Money market accounts offers some of the benefits of a checking account, plus the ability to earn interest on the balance.

4. Bonds
A bond is a loan to the issuing party—usually either a government or a company. The most common types of bonds are U.S. Treasury or Savings bonds, and you keep your money in a bond for a set period. Generally, bonds with longer terms earn you more on your savings since the entity can count on that money for a longer period. But, with a longer term, you cannot access your money for that entire time.

5. Rewards checking account
You might not think of a checking account when trying to maximize your interest earnings, but a rewards checking account can be a good option, like Upgrade Rewards Checking account. This type of account incentivizes you to keep a minimum balance in the account or make monthly direct deposits of a certain amount by awarding you cash bonuses, cashback, or interest on your balance. Depending on your chosen account, you might even see an APY similar to what you’d find in a high-yield savings account.

Related News

Floating A Mini-Bakery For High Investment Returns

4 weeks ago

Trading In Adire Cloth Business

4 weeks ago

6. Bank bonuses
It’s wise to keep your eyes peeled for bonuses offered by banks for new customers. You might be perfectly happy with your current bank, but a new bank might provide you with a cash bonus for opening an account with them. However, it’s essential to read the paperwork carefully since some banks charge fees if you don’t meet specific requirements, such as a minimum balance, which could negate any earnings you make from switching.

By Catherine Hiles

Culled From: https://time.com/personal-finance/article/best-way-to-earn-interest/

Join Our WhatsApp Channel

SendShare10180Tweet6363Share

Other News Updates

How-to

Floating A Mini-Bakery For High Investment Returns

2025/08/23
How-to

Trading In Adire Cloth Business

2025/08/23
How-to

How To Make Money As A New Web Designer

2025/06/15
How-to

How To Turn Your Car Into A Money-Making Machine

2025/06/06
How-to

Lucrative Ways To Make Money As A Freelance Writer

2025/05/31
How-to

How Niche Marketing Drives Profit And Growth

2025/05/25
Leadership Conference advertisement

LATEST

Nigeria And The Global Teacher Shortage Crisis

Useni’s Fight For London House From The Grave Shames Us

Niger, Benue Rivers At Peak Levels – Agency

Governor Alia’s Aide, One Other Missing

Economic Council Endorses NASENI’s Solar Irrigation Pumps

FG Moves To Curtail Tanker, Road Accidents

Enugu To Generate 1,000MW Of Energy From Coal – Governor

Edo Leaders Want Transparency In Ossiomo Power Deals

Court Stops Edo Electoral Commission, Govt From Conducting By-elections

Rivers: Fubara Not Seen In Public, Assembly Resolves To Probe Ibas

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.