News

If you put $20,000 in a 6-month CD with a 4.00% APY, your interest earnings would total about $396 when the CD matures.
See how much interest you could earn by putting $20,000 into a CD -- plus where to find the best rates right now.
While traditional savings accounts may still earn only 0.42% APY on average, high-yield savings accounts from online banks can offer more than 10 times that much.
Bank of America's savings accounts have some of the lowest interest rates you can get. Learn how you could start earning far ...
Let's say you leave your $5,000 in a 4.00% APY high-yield savings account for five years without adding a single dollar. Thanks to compounding, your balance would grow to about $6,083. That's an ...
That’s a great accomplishment, but if it’s earning the national average of 0.58 percent APY, you’re not getting the best return on your savings. Some of the most popular big banks pay even ...
Multiple nationwide banks and credit unions offer savings accounts with 5% APY or more. Most of these accounts put limits on how much of your balance can earn 5% interest, though. Before you open ...
Compared to those meager returns on a traditional savings account, high-yield alternatives can deliver more than 4.50% APY—turning a potential $50 annual return on $10,000 into $450 or more.
Annual percentage yields, or APYs, on CDs have been falling since the Federal Reserve cut interest rates at its last two meetings. But you can still earn up to 4.70% APY by choosing the right CD.
Discover how annual percentage yield or APY can impact your savings. We also dive into how it's calculated and how it compares to the interest rate. An icon in the shape of a person's ...
Among the best high-yield savings accounts, a top rate is currently offered on the Digital Federal Credit Union Primary Savings account, which has a 5.50% APY on the first $1,000, after that, earn ...