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Yahoo Finance

Savings interest rates today, January 13, 2025 (Top rate at 4.75% APY)

Yahoo Finance
Summary
Nutrition label

72% Informative

Federal Reserve cut the federal funds rate three times this year , which means deposit account rates are also on the decline.

High-yield savings accounts offer better interest rates than traditional savings accounts.

Online banks have much lower overhead costs than traditional banks, so they can pass those savings on to customers in the form of higher rates.

VR Score

75

Informative language

76

Neutral language

60

Article tone

informal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links