Why? Because banks use the federal benchmark rate to determine APYs. When this rate drops, it reduces borrowing costs, which also reduces the profit a bank can earn from loans, so they pull back on ...

Top high-yield savings accounts are still paying up to 5.00% APY, but those yields could decrease as we head further into ...

Discover Bank products are no longer available through this site, and content may be out of date The offer mentioned below for the Barclay's CDs is no longer available. Flagler Credit Union is ...

If you’re checking the best jumbo money market rates today, you probably have $100,000 or more in cash and want three things at once: safety, liquidity and a strong yield. As of December 11, 2025, the ...

With higher yields and flexible deposits, Aave’s new app marks a deeper move into the consumer banking terrain as inflation drives demand for better savings tools. Aave, a popular decentralized ...

Chase is one of the most popular banks in the world -- but when it comes to offering interest on savings, it's one of the worst. With Chase's standard savings account, users earn just 0.01% APY -- ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

With banks and credit unions now touting high-yield options at nearly 10 times the dismal industry average of 0.38% APY for a savings account, Bankrate financial analyst and certified financial ...

APR stands for Annual Percentage Rate, whereas APY stands for Annual Percentage Yield. The key difference between APR and APY is that APR does not include compounding, while APY takes compounding into ...

For parents, a kids savings account allows them to teach their children about finances in a more meaningful way than a simple dinner-table lecture. Kids can make deposits and withdrawals and watch ...

The interest rate on Apple Card's savings account was today lowered from 3.75% to 3.65%—an all-time low. The drop follows the last interest rate cut in March, where it reduced from 3.9% to 3.75%. If ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...