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Stock impact report

Best Savings Rates Today, May 15, 2024: Don't Wait to Snag a High APY Up to 5.55% [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
Currently, the best high-yield savings accounts earn annual percentage yields, or APYs, up to 5.55%, while some traditional savings accounts offer APYs as low as 0.01%. Since the Federal Reserve began raising interest rates to fight record inflation in March 2022, savers have been able to maximize their interest earnings with savings accounts that earn more than 5% APY. However, these rates won't stick around forever, so now's the time to dump your traditional savings account for one of these high-yield savings accounts. Read on to learn where you can find today's top rates. Key takeaways You can earn more than 5% APY with one of today's top high-yield savings accounts. High-yield savings accounts are a low-risk way to grow your savings while having flexible access to your funds. Even if rates fall later this year, a high-yield savings account can always be a smart savings strategy. Experts recommend comparing rates before opening a savings account to get the best APY po Show less Read more
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