<prompt> Human: Im looking to get into saving more now that I have a steady income and paid off most of my loans, but I cant decide if I should keep using the savings account I have with my bank which has 0.01 interest, or open a high-yield savings account? Particularly Marcus by Goldman Sach, since they currently got the highest APY at 1.8. My dilemma is, is it worth opening a HYS account? I know the interest rate is higher, but will that matter if Im only depositing like say 1000? or even 5000? Plus itll take a few days to transfer money back to my checking if I ever need it. Im also open to any recommendations to other bank alternatives too, not just Marcus GS. Thanks! Edit: Thanks everyone for the suggestions! Looks like theres no reason for me to not go for another savings with higher interest. Ill also be looking into some of the other options people recommended as well.Assistant: Look at it this way, inflation is 2. If you earn 0.1 interest in savings, your money is decaying at 1.9. But if youre earning 1.75 interest in savings, your money is only decaying at 0.25. Thats a huge difference.Human: So interest rate on savings account dont increase with inflation?  <response>: Banks follow the federal fund rate. So the best rates are closer to that. 