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High-yield savings accounts less familiar to many Americans, new survey reveals

14 January 2026
in Lifestyle
Reading Time: 3 mins read
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High-yield savings accounts less familiar to many Americans, new survey reveals
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Most people have savings accounts, but according to a new study, many are unaware of how their money actually grows.

Commissioned by LendingClub and conducted by Talker Research, a new survey of 2,000 Americans revealed that 89% are at least familiar with one type of savings account, with the most well-known among them being standard savings accounts (71%), retirement accounts (51%), certificates of deposit (CDs) (45%) and health savings accounts (HSAs) (34%).

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