You may notice if you’re shopping for a savings account that banks advertise both an interest rate and an annual percentage rate, or APY. While an account’s interest rate can give you a basic idea of ...

APY, or Annual Percentage Yield, is an important term to understand if you want to maximize your money’s growth potential. It measures the interest earned on a financial product or account over one ...

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Kailey Hagen has been writing about small businesses and finance for almost 10 years. Articles she's written for The Motley Fool have been syndicated to USA Today, MSN, and Yahoo! Finance. She ...

High-yield savings accounts earn significantly higher interest rates than traditional savings accounts — currently up to 4% APY compared to the national average of around 0.60% APY. These accounts ...

Savings rates remain appealing as we head into the weekend, with many high-yield savings accounts (HYSAs) still paying between 4.00% and 5.00% APY. It's one of the easiest ways to keep your cash ...

Looking to invest a large amount of cash? A jumbo certificate of deposit (CD) could be a smart choice. The best jumbo CD rate today is 4.50% annual percentage yield (APY) for a 3-month term from R ...