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Savings interest rates today: Best accounts still paying out up to 5.10% APY into the long weekend — Nov. 8, 2024
The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
With that in mind, here’s our editorial roundup of the best high-yield savings accounts on the market today. The best online high-yield savings accounts. LendingClub LevelUp Savings: Up to 4.75% APY
The most competitive yields are at FDIC-insured online banks and digital accounts that work like your everyday account but pay out considerably higher rates — up to 10 times more than the 0.45% ...
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 4% APY.
The best of these high-interest accounts are at FDIC-insured digital and online-only banks that can grow your savings at 5% APY and higher, but bigger brands like American Express, Capital One and ...
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