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Stock impact report

Best Savings Rates Today -- Snag a High APY While You Still Can, April 24, 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
Where you keep your extra cash matters. If you're earning less than a 3% annual percentage yield, or APY, in a traditional savings account, you could be leaving money on the table. APYs vary from bank to bank, but the current national average savings rate is only 0.46%. You can earn more than 5% APY with today's best high-yield savings accounts Right now, the top high-yield savings accounts earn up to 5.55% APY -- more than 10 times the national average. But these rates won't stick around forever. If you're tired of earning a paltry APY in a traditional savings account, now's the time to make the switch to a high-yield savings account. Read on to learn where you can find today's top savings rates. Key takeaways The best high-yield savings accounts earn up to 5.55% APY. Savings rates have been trending upward for the last two years, but they've likely leveled out. The Fed has indicated savings rates will fall in 2024, so now's the time to take advantage of high APYs. Exp Show less Read more
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