Best Savings Rates Today -- Don't Sleep on APYs Up to 5.55%, May 7, 2024 [CNET News]
Discover Financial Services (DFS)
Last discover financial services earnings: 4/22 05:35 pm
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Source: CNET News
Since the Federal Reserve began steadily raising the federal funds rate to curb a surge in inflation in March 2022, savers have been able to maximize their earnings with savings accounts that offer more than 5% annual percentage yields, or APYs. But even after six consecutive rate hike pauses , there's still time to earn a competitive yield. Right now, the best high-yield savings accounts earn APYs up to 5.55% -- more than 10 times the national average of 0.46%. So, if you're earning less than 1% APY in a traditional savings account, now's the time to make the switch. 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 best high-yield savings accounts earn up to 5.55% APY. The top HYSAs earn more than 10 times the national average. There's a chance that the Fed could cut rates later this year, so now's the time t
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News
- Why Is Discover (DFS) Up 0.4% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Interview: Google Cloud's Zac Maufe on the use of Cloud Services in the banking industry [Yahoo! Finance]Yahoo! Finance
- 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