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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 5% APY.
The Federal Reserve's 23-year high benchmark rate of 5.25% to 5.5% continues to positively affect rates of return for high-yield savings accounts — but a rate cut is expected this year. FDIC ...
The Federal Reserve decided for the sixth straight time to hold the benchmark interest rate unchanged at a 23-year high of 5.25% to 5.50% at its last rate-setting meeting on May 1, keeping APYs on ...
High-yield savings rates for July 22, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts offering yields of up to 5.50% APY with a $1,000 minimum deposit ...
High-yield savings rates for July 8, 2024. Today’s best savings rates are at FDIC-insured digital banks and online accounts offering yields of up to 5.30% APY with low or no minimums at Western ...
Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit. CFG Community ...
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