Learn the key difference between APR and APY, including how each affects loans, investments, and interest calculations.

*APYs as of Feb. 6, 2025, based on the banks we track at CNET. Weekly percentage increase/decrease from Jan. 27, 2025, to Feb ...

In this example, you’d earn $19.83 in interest ... Annual percentage yield (APY) and annual percentage rate (APR) might sound similar, but they play very different roles. APY is about what ...

APR vs. APY: What’s the difference ... upward creep of prices will erode your wealth and purchasing power. “For example, if inflation is 3% per year and your savings account yields 2% APY ...