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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.
Even legacy brands like American Express and Discover offer high-yield savings accounts at 4.25% APY. ... bank. This Fed rate is the benchmark that affects interest rates set for deposit accounts ...
Savings interest rates today: Turn holiday downtime into high-dollar savings at up to 5.05% APY right now — Dec. 26, 2024
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable , depending on the type of deposit account.
Get today's best rates on high-yield and traditional savings accounts to quickly ... Express and Discover offer high-yield accounts at 4.25% APY. ... funds target interest rate at a 23-year high ...
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable , depending on the type of deposit account.