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Stock impact report

Best Savings Rates Today -- Now's the Time to Take Advantage of APYs up to 5.55%, May 10, 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
If you've been considering moving your extra funds to an account with a better annual percentage yield, or APY, now's the time to take advantage of elevated rates with a high-yield savings account. Even if the rate environment shifts in the next several months, a HYSA can always be a smart savings strategy. Your money will grow faster in a high-yield savings account because while some traditional savings accounts earn APYs as low as 0.01%, 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, you're missing out. Read on to learn where you can find today's top savings rates. Key takeaways Today's top high-yield savings accounts earn up to 5.55% APY. High-yield savings accounts are great for anyone looking for a low-risk way to grow their savings while having flexible access to their funds. Even if rates fall later this year, HYSAs will continue to offer significantly better AP Show less Read more
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