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My traditional savings account paid 0.01% APY, so how could other savings accounts pay 4.00% APY — 400 times the interest I was getting? ... How do high-yield savings accounts work?
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
High-yield savings accounts continue delivering impressive returns, with top-yielding accounts offering up to 5.10% APY, more than 10 times higher than traditional savings accounts.
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
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