This weekend is your last chance to snag a 5.50% boosted APY on a Betterment savings account

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• The Betterment Cash Reserve Account  is offering new customers a boosted APY.
• Instead of the current 5% APY, you can get a 5.50% rate for three months.
• You have to enroll by August 26 and make a qualifying deposit to be eligible.

It's a good time to be on the hunt for a savings account, as you can currently earn 5% on your savings , if not more, through various banks and credit unions.

One of the best high-yield savings accounts , the Betterment Cash Reserve Account, is offering a boosted rate of 5.50% annual percentage yield (APY) to new customers, but there are only a few days left to sign up.

Get a boosted APY of 5.50% on a Betterment Cash Reserve account

The  Betterment Cash Reserve Accountcurrently offers existing customers an APY of 5.00% (5.50% APY for new customers' first three months). New customers can get an extra 0.50% boost on their APY for the first three months, but they need to do the following:

• Enroll by August 26
• Open a Betterment Cash Reserve account
• Make a deposit of $1,000 or more within 14 days of enrolling
• If the base variable APY changes during the first 3 months, you'll still earn an additional 0.50% boost during the promotional period.

The 5.50% APY will take effect for three months, as soon as your deposit settles. Betterment says the 5.50% rate will apply to any Cash Reserve accounts you have open during that period.

Read more about this account and its features, like no transaction limits, in our Betterment Cash Reserve review .

Other 5% savings accounts

Thanks to this boosted APY offer, Betterment currently tops our list of savings accounts offering 5% APY or more. However, it's far from your only option for earning a high APY on your money right now.

Other nationally available savings accounts to consider include:

• Western Alliance Bank High-Yield Savings Premier : earn an APY of 5.31% when you deposit a minimum of $500
• BrioDirect High-Yield Savings Account : earn an APY of 5.30% when you deposit a minimum of $5,000
• Bread Savings High-Yield Savings Account : earn an APY of 5.15% when you deposit a minimum of $100