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  2. How much money you could be missing out on with a low-APY ...

    www.aol.com/finance/much-money-could-missing-low...

    What does APY mean? APY stands for “annual percentage yield” and refers to the rate of return a bank of account earns in a year. APY includes the effects of compound interest, which means ...

  3. Here’s why savers should find an APY that surpasses ... - AOL

    www.aol.com/finance/why-savers-apy-surpasses...

    Top APY on a high-yield savings account: 4.85%. Current inflation rate: 2.7%. ... (Note that most savings accounts earn a variable APY, meaning banks can raise or lower it at any time.)

  4. What Is APY and What Does It Mean for Your Savings Account? - AOL

    www.aol.com/news/apy-does-mean-savings-account...

    APY and interest rate are two different financial concepts, so here’s what you need to know.

  5. Savings interest rates today: Ring in the new year with APYs ...

    www.aol.com/finance/savings-interest-rates-today...

    Saving accounts earn you interest on your balance — anywhere from a modest 1% APY with a traditional account to a lucrative 4% APY and higher for high-yield accounts — compounding what you ...

  6. Annual percentage yield - Wikipedia

    en.wikipedia.org/wiki/Annual_percentage_yield

    Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow a reasonable, single-point comparison of different offerings with varying compounding schedules. However, it does not account for the possibility of account fees affecting the net gain.

  7. Savings interest rates today: Why earn pennies when you ... - AOL

    www.aol.com/finance/savings-interest-rates-today...

    Saving accounts earn you interest on your balance — anywhere from a modest 1% APY with a traditional account to a lucrative 4% APY and higher for high-yield accounts — compounding what you ...

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