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Business & Economics

Best savings interest rates today, January 7, 2025 (top rate at 4.75% APY)

Yahoo Finance
Summary
Nutrition label

72% Informative

The average interest rate on a traditional savings account is only 0.42% , according to the FDIC .

The best savings rates can be found on high-yield accounts, which often pay around 4.5% to 5% APY.

Today , the highest savings account rate available from our partners today is 4.75% APy.

VR Score

81

Informative language

86

Neutral language

34

Article tone

informal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

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