The average national deposit rate for savings accounts has remained relatively steady this year at an uninspiring 0.40%, according to the latest government data. What’s more, many of the top-earning ...
Miranda Marquit is a staff senior personal finance editor for Buy Side. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. High-yield ...
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts ...
Getting the best rate as a saver has been a little more difficult since the Federal Reserve started cutting its benchmark rate toward the end of 2024. Fed officials paused reductions throughout most ...
Savers are still in a strong position this summer. With the Fed holding rates steady so far this year, many high-yield savings accounts (HYSAs) are paying 4.00% APY or more. An HYSA works just like a ...
The primary feature of a high-yield savings account isn't hard to determine. After all, it's right there in the name: high-yields. And while these yields can be pretty low in cooler interest rate ...
Savers still have plenty to be happy about. Many high-yield savings accounts (HYSAs) are offering between 4.00% and 5.00% APY -- a big improvement over the near-zero rates at most big banks. That said ...
The Openbank Savings account is an online high-yield savings option that has no monthly fees. You can access banking features, including checking your balance and initiating online transfers, via the ...