Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts ...

For now, savers still have the edge. Many high-yield savings accounts (HYSAs) are paying 4.00% APY or more -- far above the minimal returns most big banks continue to offer. An HYSA is easy to open ...

It's always important to earn as much interest as you can on your money. But with the Federal Reserve issuing an interest rate cut last month and with two others widely expected for October and ...

Getting the best rate as a saver has been a little more difficult since the Federal Reserve started cutting its benchmark rate toward the end of 2024. Fed officials paused reductions throughout most ...