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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 average savings account annual percentage yield in April 2023 is only 0.39%. This number includes low interest rates from traditional banks as well as higher savings rates from online banks and...
Dig deeper: How to find and open a high-yield savings account in 5 steps. Earn up to 4.20% APY on savings | 0.50% APY on checking $0 monthly fees | 55,000+ fee-free ATMs. Sign up at at SoFi.
Dig deeper: How to find and open a high-yield savings account in 5 steps. Earn up to 4.00% APY on savings | 0.50% APY on checking Signup bonus of up to $300 | $0 monthly fees.
Dig deeper: How to find and open a high-yield savings account in 5 steps. Earn up to 4.30% APY on savings | 0.50% APY on checking $0 monthly fees | 55,000+ fee-free ATMs. Sign up at at SoFi.
Dig deeper: How to find and open a high-yield savings account in 5 steps. Earn up to 4.00% APY on savings | 0.50% APY on checking Signup bonus of up to $300 | $0 monthly fees.
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