10 Best High-Yield Savings Accounts For January 2025 - Forbes

1 day ago · The best high-yield savings account offer more than 10x the national average interest rate. Here are today’s best accounts and highest rates.

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Best Savings Accounts Of January 2025 - Up To 4.75% | Bankrate

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3 days ago · Compare savings accounts to find the best rates. Bankrate's experts have identified the highest savings account interest rates from top banks to help you maximize your earnings.

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Best High-Yield Savings Accounts (January 2025): Up To 4.90% APY

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Nov 21, 2024 · Sofi Bank offers the best high-yield savings account in 2024, based on an industry-leading score of 4.8 out of 5.0 stars from the MarketWatch Guides team.

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Best High-Yield Savings Accounts In January 2025 - MSN

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The best high yield saving accounts are currently earning an annual percentage yield (APY) of 5% or more. Our list of high-yield savings accounts earn much more interest than the national …

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Best High-Yield Savings Accounts Of January 2025: Rates Up To 4.85%

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4 days ago · Supercharge your savings with these excellent options for the best high-yield savings accounts—with APYs of 5% across the board, find an account made for you.

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Score Over 4% APY Before Today's Fed Meeting. Today's Best …

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19 hours ago · The best high-yield savings accounts offer APYs well above 4%. The Federal Reserve is expected to vote today to hold interest rates steady. Savings rates can change …

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This Savings Account Still Promises 10% — Plus 9 More Of The …

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3 days ago · Savings account rates are on the decline at the start of 2025, but banks and credit unions with the highest available rates of return this month continue to promise 5% annual …

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Here's How Much Money You Can Make With $10,000 In A High …

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3 days ago · A high-yield savings account could earn you thousands of dollars more than an average bank account. Learn what the best savings accounts are paying now.

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FAQs about 10 Best High-Yield Savings Accounts For January 2025 - Forbes Coupon?

What are the best high-yield savings accounts of 2024?

Transparency: Financial institutions must make easily accessible the account terms and conditions, such as monthly fees, overdraft charges and interest rates. The companies listed below are in alphabetical order. See our picks for the best high-yield savings accounts of 2024, including Jenius Bank, DCU, Newtek Bank, Popular Direct, and TAB Bank. ...

Are high-yield savings accounts still a good place to earn interest?

However, the decline has been minimal so far, so high-yield savings accounts are still a good place to earn interest on your cash. How do banks determine APYs for high-yield savings accounts? Savings account interest rates are represented as annual percentage yield (APY) to factor in compounding interest. ...

What makes a high-yield savings account a good investment?

Another key feature of most high-yield savings accounts is their variable APY, which means the interest rate can fluctuate with the market. As of May 2024, the Fed has yet to decrease interest rates as it waits for inflation to trend down toward its 2% target. ...

Will high-yield savings account rates increase in 2024?

In response to rising inflation, the Federal Reserve made significant increases to the federal funds rate beginning in 2022 This means that high-yield savings account rates have also risen. The Fed indicated it expects to keep rates high through 2024. High-yield savings account. ...

What is a high yield savings account?

A High-Yield Savings Account from Discover®️ can keep your money organized and separated so there's no confusion when it comes time to spend. Each company’s annual percentage yield (APY) is accurate at the time of this publication, but they may vary according to the rates set by the Federal Reserve. ...

What are the best high-yield savings accounts this year?

We found that the best high-yield savings accounts this year offer 4.80% APY or higher. The top HYSA rate is at Digital Federal Credit Union (DCU), with 6.17% available on balances of up to $1,000. Jenius Bank offers the second-highest APY on our list at 4.80%. Newtek Bank offers 4.70% APY with no initial deposit required. ...