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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 4% APY.
Get today's best rates on high-yield and traditional savings ... If you left your account as is for another year, you’d have earned another $309 in interest — $300 on your initial deposit and ...
Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
In addition, MoneyRates.com Senior Financial Analyst Richard Barrington, CFA, who was brought onto the company's team in 2009, [7] is a frequently interviewed source on personal finance topics for major publications, including USA Today, [8] U.S. News & World Report, [9] MarketWatch, [10] and National Public Radio's Marketplace. [11]
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.
Best CD rates for November 7, 2024. Today's best rates of returns are found at FDIC-insured digital banks and online accounts paying out up to 4.52% APY with low or no minimums at First National ...
What is the Best CD Rate at Fifth Third Bank? ... We explore some of the top-tier money market accounts below. ... USA TODAY. 8 dead, 1,000 rescued from Kentucky flooding as extreme weather sweeps ...
While money market accounts are great for saving and managing your money, it’s important to remember that a money market account is not considered an investment tool, and to build a long-term ...