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    Savings interest rates today: Boost your balance with APYs of 5.3% and higher — May 16, 2024 ... Savings accounts can compound daily, monthly or quarterly, depending on the bank and account ...

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    Saving accounts earn you interest on your balance — anywhere from a modest 1% APY with a traditional account to a lucrative 5% APY and higher for high-yield accounts — compounding what you ...

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