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Where the national average is 0.45% at a traditional bank, yields at digital banks range from 0.5% up to 5% or more for high-yield savings and money market accounts. You won’t pay high fees.
“However, these accounts can come with more stipulations, such as [a minimum] opening deposit amount and how you can access the funds,” said Kim Gattis, senior vice president and manager of ...
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Get today's best rates on high-yield and traditional savings accounts to more quickly grow your everyday nest egg. Savings interest rates today: Yes, you can still find APYs of up to 5.05% as 2024 ...
Dig deeper: High-yield accounts vs. traditional savings account: Why it’s worth the switch Earn up to 4.14% APY on balances of $1,000 and more $0 monthly maintenance fee
The average APY for our best online high-yield savings accounts is even higher: roughly 0.45%. A note on lower rates: These APYs are significantly lower than we’ve seen in previous years. In ...
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