CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

The May announcement continues the pattern of keeping the rate on hold until there’s more data on market responses to trade ...

A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual ...

While banking giants like Chase and Bank of America offer tiny 0.01% APYs on savings accounts, several online banks continue offering eye-popping returns on high-yield savings accounts (HYSAs ...

I was talking with a friend of mine the other day who mentioned that she was going to put her tax refund into her high-yield ...

If you’re looking for a safe, accessible spot to park your money while maximizing yields on your deposits, a high-yield savings account is still a valuable option that outpaces inflation and ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

CNBC Select will update as changes are made public. The best high-yield savings accounts with the highest APYs are usually found online, but there are some competitive offerings from brick-and ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Among 370 savings accounts from 157 banks and credit ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

SoFi Checking and Savings is a combination checking and savings account that earns an APY of 3.80% (variable and subject to change) on the money you keep in the savings portion of the account.