Top Savings Rates Today: Earn Up to 5.84%
TL;DR Summary
As of July 17, 2024, the highest savings account interest rate is 5.50%, with high-yield savings accounts offering significantly better returns than traditional ones. With the Federal Reserve expected to cut rates later this year, now may be the best time to take advantage of these high rates. High-yield savings accounts are ideal for short-term savings goals due to their accessibility and security.
Topics:business#federal-reserve#finance#high-yield-savings-accounts#inflation#interest-rates#savings
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