Reported 4 months ago
Many banks and credit unions now offer high-yield savings accounts with interest rates of 5% APY or higher, far exceeding the national average of 0.45%. Some of the top options include Digital Federal Credit Union's Primary Savings Account with 6.17% APY for balances up to $1,000, My Banking Direct's account with 5.55% APY, and BrioDirect's account with 5.30% APY. These accounts have various minimum deposit requirements and no monthly maintenance fees, offering a great opportunity for savers to grow their savings quickly.
Source: YAHOO