News

High-yield savings accounts are still offering impressive returns, with many paying over 4.00% APY -- a big jump from the minimal interest offered by traditional banks. Since the Fed kept rates steady ...
The top rate on today's high-yield savings accounts is 5%. But this checking account pays just as much if you meet one straightforward requirement.
A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...
This means that with compounding, the APY would be about 4.0742% ($10,000 x 4.0742% = $407.42). You can use a savings calculator to calculate balance amounts and try other scenarios with daily ...
The DCU Primary Savings offers a standout 6.17% APY, but only up to $1,000 — meaning savers could earn nearly $62 annually. The fallback interest rate is then between 6.17% to 0.15% APY for ...
The DCU Primary Savings account’s 6.17% APY tops our list of high-yield savings accounts. However, this APY only applies to balances up to $1,000.
For example, a $10,000 deposit in a five-year CD with 1.50% APY would earn around $770 in interest, while the same deposit in a five-year CD with 0.01% APY would earn only $5. What Does 5% APY Mean?
The Choice Checking account earns 6.25% APY on balances up to $10,000 and 0.72% APY on higher balances. You must have a minimum of 15 non-ATM transactions per statement cycle to qualify for the ...
To compile our list of the best business savings accounts, we analyzed over 100 savings accounts across different institutions. We primarily considered an account's annual percentage yield (APY ...
The Quontic Money Market Account offers an APY of 4.25% and works almost just like a savings account. Quontic is an online-only bank, and it offers many of the same perks as other digital banks.
PNC’s Standard Savings account offers an APY of 0.01%. The account carries a $5 monthly fee, but it can be avoided by: maintaining an average monthly balance of at least $300 linking a PNC ...
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are still as high as 8% APY.