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Stock impact report

Best Savings Rates Today -- Don't Pass Up APYs as High as 5.55%, May 22, 2024 [CNET News]

Discover Financial Services (DFS) 
Last discover financial services earnings: 4/22 05:35 pm Check Earnings Report
US:NYSE Investor Relations: investorrelations.discover.com
Company Research Source: CNET News
Key takeaways Today's best high-yield savings accounts earn up to 5.55% APY. The Fed could cut rates later this year, so now's the time to supercharge your savings with a high APY. Opening a high-yield savings account today allows you to earn significantly more than you would with a traditional savings account. The best high-yield savings accounts can help you grow your savings faster than traditional savings accounts. If you're earning a paltry interest rate with your current savings account -- or next to nothing in your checking account -- now's the time to take advantage of the power of compound interest Right now, the top high-yield savings accounts earn annual percentage yields, or APYs, up to 5.55%, while some big banks offer APYs as low as 0.01%. So, the sooner you switch to a high-yield savings account, the more interest you can earn. Read on to learn where you can find today's top savings rates. Experts recommend comparing rates before opening a savings account Show less Read more
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