A high interest savings account is a great way to build money for the future or to create an emergency fund for unforeseeable circumstances. Savings account that carry a high interest rate will make your money work for you. Money that sits in a savings account and earns nothing is a waste. An account that pays will quickly increase your savings and make it more tempting to save more. These accounts often have low to no fees if a minimum balance is maintained.
Ask your bank about your options, but also explore online to see which companies are offering the best rates.