Boeing Employees CU is continuing to pay a staggerimg 6.17% APY for a Member Advantage Savings account. The credit union, however, has kept in place a sizable catch: it only applies to the first $500. Balances beyond that earn a rat...
the leading savings account rate had shot up, eclipsing the best money market rate for most of the next 18 months. In fact, you could earn as much as 5.50% to 5.55% APY with thebest high-yield savings accountfor a large chunk of 2024. But the most you could earn...
Here are some of the best savings account rates for January 2025: First Community Bank: High-Yield Savings Account - 4.44% APY Continental Bank: High Yield Savings Account - 4.41% APY mph.bank: High-Yield Savings Account - 4.41% APY Prism Bank: High-Yield Savings Account - 4.40% APY ...
The national average APY on savings accounts is 0.45% as of 10/21/2024, according to the Federal Deposit Insurance Corporation (FDIC). But keep in mind that you may be able to get a much higher interest rate by shopping around. How is the interest rate for a savings account determined?
Get Rate Alerts »Jul 23 (25 days ago) ` BankTypeAPYActionsLast Checked EverBankSavings4.40%↓ (down from 4.75%)Email this rate » Get Rate Alerts »Jan 15 (Today) Marcus (Goldman Sachs Bank)Savings4.40%↓ (down from 4.50%)Email this rate » ...
(December 2021), a reasonable interest rate for a high-yield savings account is somewhere around 0.5% APY. Across the board, interest rates are at historic lows right now, but it’s still worthwhile to get the best rate you can. They change all the time (ours paid over 2% APY just a...
If inflation outpaces the interest rate on your MMA, your money could lose value in real terms over time. Alternatives to MMAs for saving money While MMAs offer attractive rates, there are other options to consider for your savings: High-yield savings account: These accounts often provide ...
First Imperial Credit Union: Up to 6.00% APY Open a 6-month CD with as little as $500 either online or at a First Imperial Credit Union branch location and this high 6.00% APY rate can indeed be yours. That said, members here must open a savings account with at l...
APY stands for ‘Annual Percentage Yield’. It is the rate of return earned on an investment over a period of one year after taking into account the effect of compound interest. The more often interest is compounded, the higher the APY will be. What is the difference between APR and APY...