Banks responded by increasing the average savings yield from 0.06% in April 2022 to 0.47% two years later, where it stood for most of the remaining year. These are just averages, though ...

But for now, there are still a number of banks offering CD rates on different term lengths above 4%, but week over week we are seeing a gradual decline. Savers who want to maximiz ...

The average savings account now delivers an average rate of just 0.41%, according to the latest government data. That said, ...

More of the best high-yield savings accounts lowered rates this week. You can still find annual percentage yields, or APYs, ...

A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual ...

Savings rates hit a historic high in 2023 following years of the Fed raising rates, topping out around 5.5% APY. In comparison, between 2014 and 2021, the highest the Fed ever set its rates was 2.5%.