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Best Free Savings Accounts Of July 2024

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The best no-fee savings accounts have no monthly maintenance fee and offer beneficial features that help customers manage and maximize savings. These accounts generally offer highly rated mobile apps and top-notch customer service. When banks promote having no fees, typically, they’re referring to having no monthly maintenance fee and low charges for transactions like wire transfers, excessive withdrawals and other account services.

Why you can trust Forbes Advisor

Our editors are committed to bringing you unbiased ratings and information. Our editorial content is not influenced by advertisers. We use data-driven methodologies to evaluate financial products and companies, so all are measured equally. You can read more about our editorial guidelines and the banking methodology for the ratings below.

  • 73 no-fee savings accounts reviewed
  • 53 banks and credit unions included
  • 12 data points examined and weighed

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