Despite the halt in interest rate hikes, high-yield savings accounts still offer around a 5% annual percentage yield (APY) — up from the pandemic-era rates of 1% and the highest since the 1990s.

Typically, high-interest deposit accounts have requirements that account holders must meet to earn the high APY. We selected those that offered the highest APYs, while also considering the ...

Keep reading for more details about these accounts. Ally Bank’s 6-month CD currently offers 4.20% APY with no monthly maintenance fees and minimum opening deposit requirement. Another perk ...

SoFi’s online bank account — a combination checking and high-yield savings account — made our list for its competitive APY, lack of fees, and bundled approach to saving and spending.

It indicates an expandable section or menu, or sometimes previous / next navigation options. Affiliate links for the products on this page are from partners that compensate us and terms apply to ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

American Express Savings Accounts Overview The American Express® High Yield Savings Account pays a competitive 3.90% (as of 12/02/24) APY (annual percentage yield), which is significantly higher ...

Edward C. Apy, age 88, of Tinton Falls, passed through death to everlasting life on November 18, 2024. Ed was born in Long Branch to the late Chester and Grace (Wiseburn) Apy. He attended Little ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

To better understand what higher yields can mean for you, consider a $10,000 savings balance over 12 months: With 0.01% APY, you’d earn just $1 in interest. However, with 4.00% APY, you’d make ...

American Express High Yield Savings may not have the highest APY on our list, but it still offers a rate well above average and requires no minimum deposit to qualify for the highest APY.