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After all, a couple years ago when the federal funds rate was at virtually zero, it was difficult to even find an online high-yield savings account with an APY greater than 1.00%.
Most high-yield savings accounts offer interest rates ranging from 4% to 5%, but these change regularly and can increase or decrease at any time for any reason.
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable , depending on the type of deposit account.
This means I’d earn $450 for each $10,000 in this HYSA compared to a single $1 in a 0.01% APY traditional account. Over a five-year period, I’d end up racking up $2,462 in my high-yield ...
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable , depending on the type of deposit account.
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable, depending on the type of deposit account.
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