Key Takeaways If you can leave $20,000 parked briefly, a Live Oak Bank or E*TRADE bonus can quickly add $200 or more on top of interest.If flexibility matters more, the top high-yield savings accounts still pay 4%–5% APY—with full access to your cash at any time.

With banks and credit unions now touting high-yield options at nearly 10 times the dismal industry average of 0.38% APY for a savings account, Bankrate financial analyst and certified financial planner Stephen Kates says anyone in the market for a new ...

If you have a savings account, you might want to know how much you’ll earn in interest for parking your cash there. Fortunately, calculating interest on a savings account is not as tough as you might think. — Simple interest refers to the interest ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. All of this context can lead savers to consider the benefits of this specific savings vehicle at present, especially if they're ...

Yesterday's inflation reading showed that consumer prices rose 0.2% in April with the annual rate easing to 2.3% from 2.4% in March. Meanwhile, today's top high-yield accounts deliver returns of up to 4.40% APY — almost double the current inflation rate ...

At the central bank’s final meeting of the year in December, CME Group’s FedWatch tool predicts a 65% chance of another rate cut. If so, that could mean the average national deposit rate for savings accounts — which is currently a dismal 0.40% ...