The ABCs of successful money management include an understanding of APY, or annual percentage yield, an acronym you’ll see advertised by banks on their savings products. Long story short: The higher ...

Top CDs today offer up to 4.27% APY, making now a smart time to lock in a solid return before rates continue to trend lower.

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 ...

When you compare savings, money market or other interest-bearing accounts, you will see either interest rates or the annual percentage yield (APY) and sometimes both. What’s the difference between the ...

When you're shopping for a financial product like a savings account or CD, it can feel like you have to learn a new language to make sense of your options. Banks love to toss around terms like "APY" ...

When you invest in a product, you expect a return above and beyond what you paid for that product. This is APY. What is APY? It stands for annual percentage yield, and it represents the rate of return ...