Best Savings Rates Today -- Don't Wait to Snag APYs up to 5.55%, May 6, 2024 [CNET News]
Discover Financial Services (DFS)
Last discover financial services earnings: 4/22 05:35 pm
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Source: CNET News
Rates for the best high-yield savings accounts remain high after the Federal Reserve decided to hold rates steady for the sixth consecutive time at last week's Federal Open Market Committee meeting. This is good news for savers looking to maximize their interest earnings with a competitive annual percentage yield, or APY. Right now, the top high-yield savings accounts earn APYs up to 5.55% -- more than 10 times the national average of 0.46%. Experts had anticipated three cuts later this year, but stubbornly high inflation is still well above the Fed's 2% goal, making future rate cuts less clear . Still, even though the rate environment could shift in the next several months, a HYSA can always be a smart and low-risk savings strategy. Read on to learn where you can find the top savings rates. Key takeaways Today's top high-yield savings accounts earn up to 5.55% APY. The Fed opted to hold rates steady at last week's FOMC meeting, meaning top savings rates will likely remain
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News
- Why Is Discover (DFS) Up 0.4% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
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- Best Savings Rates Today -- Don't Wait to Grow Your Savings With APYs Over 5%, May 17, 2024 [CNET News]CNET News
- Best Savings Rates Today -- Act Now to Score an APY up to 5.55%, May 16, 2024 [CNET News]CNET News
- American Banker announces finalists for the 2024 Innovators of the Year award, celebrating technology innovators in financial services [Yahoo! Finance]Yahoo! Finance
DFS
Earnings
- 4/17/24 - Miss
DFS
Sec Filings
- 5/14/24 - Form 8-K
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- DFS's page on the SEC website