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It begs the question -- will savings accounts still be worth contributing to in 2025? And the answer is a resounding yes. ... Alert: highest cash back card we've seen now has 0% intro APR into 2026.
Just a few short years ago, online savings accounts were paying annual percentage yields of 2% or even more, making them a great place to stash cash. But with the onset of the coronavirus pandemic,...
However, even with the Fed considering future cuts, high-yield savings accounts are still paying much higher interest rates than traditional savings accounts — we're talking 10 to 20 times more.
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? HYSAs aren’t magic, just a smarter way to save and grow ...
Right now, you might get 4% out of a high-yield savings account. But today's rates aren't the norm. The Federal Reserve's target annual inflation rate over time is 2%.
Get today's best rates on high-yield FDIC-insured savings accounts to more ... a total of $10,900 in your account. Now let's say you invest $10,000 in an account that pays 3% compounded annually ...