That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...
According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior to the pandemic, but it’s far lower than what the best ...
The Amex savings interest rate is 4.00%, which is competitive among many other high-yield savings accounts. While plenty of other savings accounts exist with equally and even more competitive APYs ...