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2. Why now is still a good time to grow your money in a deposit ...

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   Even as interest rates drop, some top-yielding savings accounts remain competitive. ... For instance, prior to 2022, Ally Bank’s highest savings yield was 2.25 percent APY. That was on June 4, 2009.

3. Can you lose money in a high-yield savings account? Top 6 ...

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   But when it lowers the Fed rate — as it has twice this year already — the APYs on high-yield savings accounts also drop (though rates will still be considerably ... [PDF], Ally Bank. Accessed ...

4. 7 common banking mistakes costing you money — and ... - AOL

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   Even when HYSA rates drop, they still tend to be about five times higher than the national average savings account rate with no minimum balance requirements. ... TD Bank or Ally Bank. Dig deeper: ...

5. As prices rise and rates fall, my high-yield savings still ...

   www.aol.com/finance/are-high-yield-savings...

   With that in mind, here’s how much I’d make should my APY drop to 3.00%: $10,000 at 3.00% APY ... the U.S. central bank. When the Fed raises rates, it increases the interest a bank earns when ...

6. Ally Bank Review September 2024: CD rates, checking, savings ...

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   Ally Bank savings accounts. Ally Bank offers a high-yield savings account with a 4.35% APY which is much higher than the national average of 0.47% APY. Ally’s savings account does not have a ...

7. Top CD rates today: Feb. 2, 2024 — It’s still a good time to ...

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   Explore the top CD rates today to maximize your savings. ... even if rates on new CDs start to drop. ... such as Ally Bank and Synchrony Bank, don’t require a set minimum deposit, while others ...