High-yield savings account rates

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best savings interest rates

Yahoo Finance

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Best savings interest rates today, January 16, 2025 (top account pays 4.75% APY)

Summary

Nutrition label

65% Informative

Savings account rates have been on an upward trend over the past two years , but are now trending down following the Fed 's recent rate cuts.

Many high-yield savings accounts still offer rates of 4% APY and up.

Best rates are typically offered by online banks, although you may be able to find comparable savings interest rates at some credit unions and community banks.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful