9 Things You Must Try When Your Savings Reach $50,000

Last updated Oct. 2, 2026 | By FinanceBuzz Editors

You've hit a major milestone — $50,000 saved! — but now the real challenge begins. The next moves you make could determine whether that money grows, stalls, or even slips away.

Unexpected expenses and missed opportunities can quietly erode the value of your hard-earned savings. But with the right strategies, your $50,000 could be a launchpad for more freedom, more security, and a stronger financial future.

Whether you're planning for retirement, saving for big goals, or just looking to make your money work harder, these offers from our partners could help you take it to the next level.

You could be overpaying for your retirement planning

Fees matter. High fees can cut into your returns and affect your overall nest egg. But the ways fees are levied vary. Some are “fee only,” charging a flat rate regardless of usage. Others take a percentage of all assets under management. Some earn commissions directly from mutual funds or other financial products, which presents a significant conflict of interest.

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Set up qualifying direct deposit - pocket up to $350

If you aren't banking¹ Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. The secured Chime Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. through Chime®, you're missing out on a huge boost of extra cash just by following a few simple steps.

Earn a bonus up to $350:² Limited time only. Terms apply, must open the new account and complete qualifying activities to earn up to $350.00 in rewards. Link to full terms can be found at <a href="https://www.chime.com/join/promos/intro-offer-v2b/#terms">https://www.chime.com/join/promos/intro-offer-v2b/#terms</a> To qualify, open a new Chime Checking Account here. Earn $100 with a $200+ direct deposit in your first 30 days. Receive a $200+ direct deposit in the next calendar month to get an additional $100. In your third calendar month, receive a $200+ direct deposit and get the final $150. Full bonus earned!

This is a great way to supercharge your earnings, and basically takes no extra work other than following the steps above. Even better, Chime Checking offers no monthly fees, no overdraft fees, no minimum balance requirement, and no foreign transaction fees.

You can also get paid up to 2 days early³ Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date. with direct deposit, access over 47,000 fee-free ATMs,⁴ Out-of-network ATM withdrawal and over the counter advance fees may apply except at FCTI® ATMs in a 7-Eleven® or Speedway, or any Allpoint® or Visa® Plus Alliance ATM participating in the Allpoint network. enjoy fee-free overdraft up to $200,⁵ SpotMe® on Credit is an optional, no interest/no fee overdraft line of credit tied to the Secured Deposit Account. SpotMe on Debit is an optional, no fee service attached to your Chime Checking Account (individually or collectively, "SpotMe"). Eligibility for SpotMe requires $200 or more in qualifying direct deposits to your Chime Checking Account each month.Qualifying members will be allowed to overdraw their Chime Checking Account and/or their Secured Deposit Account up to $20 in total, but may be later eligible for a higher combined limit of up to $200 or more based on member’s Chime account history, direct deposit frequency and amount, spending activity and other risk-based factors. Your SpotMe Limit will be displayed to you within the Chime mobile app. You will receive notice of any changes to your SpotMe Limit. SpotMe for Credit and SpotMe on Debit share a single SpotMe limit. Your SpotMe Limit may change at any time, at Chime or its banking partners’ discretion. Although there are no overdraft fees, there may be out-of-network or third-party fees associated with ATM transactions or OTC cash withdrawal fees at retailers. SpotMe won’t cover non-card transactions, including ACH transfers, Pay Anyone, or Chime Checkbook transactions. <a href="https://www.chime.com/policies/">SpotMe terms and conditions</a>. and 24/7 live support, with a real human.

Open your account and set up direct deposit to earn a $350 bonus

Diversify your hard-earned retirement savings with gold

GoldTrustGuide is actively helping Americans find greater retirement security with precious metal investments like gold. In fact, from 2005 to 2020, the price of gold increased by 330%. And during the stock market crash of 2008, the value of gold increased by 25%.⁶ <a href="https://www.forbes.com/sites/conormurray/2026/01/28/gold-price-surpasses-record-5300-amid-weakening-dollar-fed-independence-concerns/">Source</a> They match you with top-rated providers offering physical gold and silver IRAs with a proven track record during unstable markets.⁷ Investments carry risk, including loss of principal. Past performance is not a guarantee of future performance.

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Today's Top High-Yield Savings Accounts

Bank/Institution	APY Annual Percentage Yield	Bonus Offer	Open Account	Bonus Offer
2026 AWARD WINNERBest Online Checking
5.0 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	4.20 %APY With $0 min. balanceEarn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at sofi.com/banking#4. SoFi Bank, N.A. Member FDIC.	Limited-Time Offer: +0.90% boost on Savings APY to up to 4.20% for up to 6 months on new accounts⁸ <p>Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> + $50 or $400 Bonus with eligible direct deposit.⁹ <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> Terms apply.	Learn More on SoFi's secure website Member FDIC	Limited-Time Offer: +0.90% boost on Savings APY to up to 4.20% for up to 6 months on new accounts⁸ <p>Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> + $50 or $400 Bonus with eligible direct deposit.⁹ <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> Terms apply.
2026 AWARD WINNERBest Savings for High APYs
4.7 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	4.15 %APY With $500 min. balance¹⁰ <p>Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 AM ET 5/29/26. The products and rates we offer may vary between locations, are available in select markets only, and are subject to change without notice. Rate for this product will be based on the residential ZIP code entered when account is opened within online application process. This is a variable-rate account and the rate applicable may change at our discretion any time without notice. A minimum deposit of $500 is required to open a Openbank High Yield Savings account. Personal accounts only.</p> <p>Openbank is a division of Santander Bank, N.A. Member FDIC. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Visit FDIC.gov for details. Deposits at Santander Bank, N.A., and Openbank are combined for the purposes of calculating FDIC insurance limits (FDIC Cert #29950) and are not separately insured.</p>	Earn Up to 4.15% APY (inclusive of 0.35% APY Boost). New Customers only. Terms Apply. Santander Bank, N.A. Member FDIC¹¹ <p>The introductory promotional APY Boost includes a 0.35% APY boost (“APY Boost”) added to the account’s current variable APY (“standard variable APY”) of 3.80%. The APY Boost will apply for (6) months from the date the account is opened (“Promotional Period”). The standard variable APY for your account remains variable and subject to change at Openbank’s discretion at any time and any frequency without notice. If the standard variable APY changes during the Promotional Period, the APY Boost will continue to apply through the end of the Promotional Period, subject to applicable terms. After the Promotional Period ends, the account will earn the standard variable APY in effect at that time without the APY Boost</p><p>This is a limited time offer, effective as 12:01 am Eastern time 09/29/2026. To qualify for the APY Boost, an eligible account must be opened while the offer is available. All applications are subject to approval. Completing and submitting an application does not, by itself, establish an account. The introductory promotional APY Boost is valid for new Openbank customers. If your account is determined to be ineligible, Openbank reserves the right to terminate the APY Boost at any time without notice, and the account will then earn the standard variable APY in effect at that time. Existing accounts opened prior to 09/23/2026, are not eligible for the APY Boost and will continue to earn the standard variable APY. The APY Boost promotion may not be combined with other bonus offers by Santander Bank. Additional terms, conditions, and eligibility requirements may apply. Openbank reserves the right to modify, suspend, or terminate the APY Boost at any time without notice.</p><p class="">This offer is available only when stated on the <a href="https://www.openbank.us/banking/high-yield-savings-account/">Openbank High Yield Savings</a> page.</p>	Learn More on Openbank's Secure Website FDIC Insured	Earn Up to 4.15% APY (inclusive of 0.35% APY Boost). New Customers only. Terms Apply. Santander Bank, N.A. Member FDIC¹¹ <p>The introductory promotional APY Boost includes a 0.35% APY boost (“APY Boost”) added to the account’s current variable APY (“standard variable APY”) of 3.80%. The APY Boost will apply for (6) months from the date the account is opened (“Promotional Period”). The standard variable APY for your account remains variable and subject to change at Openbank’s discretion at any time and any frequency without notice. If the standard variable APY changes during the Promotional Period, the APY Boost will continue to apply through the end of the Promotional Period, subject to applicable terms. After the Promotional Period ends, the account will earn the standard variable APY in effect at that time without the APY Boost</p><p>This is a limited time offer, effective as 12:01 am Eastern time 09/29/2026. To qualify for the APY Boost, an eligible account must be opened while the offer is available. All applications are subject to approval. Completing and submitting an application does not, by itself, establish an account. The introductory promotional APY Boost is valid for new Openbank customers. If your account is determined to be ineligible, Openbank reserves the right to terminate the APY Boost at any time without notice, and the account will then earn the standard variable APY in effect at that time. Existing accounts opened prior to 09/23/2026, are not eligible for the APY Boost and will continue to earn the standard variable APY. The APY Boost promotion may not be combined with other bonus offers by Santander Bank. Additional terms, conditions, and eligibility requirements may apply. Openbank reserves the right to modify, suspend, or terminate the APY Boost at any time without notice.</p><p class="">This offer is available only when stated on the <a href="https://www.openbank.us/banking/high-yield-savings-account/">Openbank High Yield Savings</a> page.</p>
4.3 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	4.25 %APY With $5,000 min. balance¹² <p>Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.</p>	Limited-Time Offer: Earn up to 4.25% APY (3.75% APY¹² <p>Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.</p> with +0.50% APY Boost) on balances of $5,000 or more for up to 6 months.¹³ <p>*This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria. Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.50% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate. The Promotion begins on September 29, 2026, and ends December 15, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions. The promotion can end at any time without notice.</p> Enter code Boost50 to qualify. $100 minimum opening deposit.	Learn More on CIT Bank's secure website Member FDIC	Limited-Time Offer: Earn up to 4.25% APY (3.75% APY¹² <p>Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.</p> with +0.50% APY Boost) on balances of $5,000 or more for up to 6 months.¹³ <p>*This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria. Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.50% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate. The Promotion begins on September 29, 2026, and ends December 15, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions. The promotion can end at any time without notice.</p> Enter code Boost50 to qualify. $100 minimum opening deposit.

Today's Top High-Yield CDs and Annuities

High APY

CIT Bank Certificate of Deposit

3.6

View Rateson CIT Bank's secure website, Member FDIC

APY

3.75%

Term

6 Months

Minimum Balance for APY

$1,000

Why We Like It

Earn a competitive 3.75% APY after a $1,000 minimum opening deposit¹⁴ APY — Annual Percentage Yield is accurate as of July 1, 2026. $1,000 minimum deposit is required to open the account. A penalty may be imposed for early withdrawal of principal, and any early withdrawal (principal or interest) will reduce earnings.
Daily compounding interest to maximize your earning potential
No account opening or maintenance fees. Member FDIC.¹⁵ For complete list of account details and fees, see our <a href="https://www.cit.com/cit-bank/resources/forms">Personal Account disclosures</a>.

View Rateson CIT Bank's secure website, Member FDIC