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 ...
An annual percentage yield, or APY, is the rate of return on money in a bank account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...
Ever wonder how much your money really earns just by sitting in the bank? That’s where annual percentage yield (APY) comes in. APY shows how much interest your money can earn in a year — and the ...
The Fed cut rates this week, but the best CD rates today still go up as high as 5.11% APY. Lock in a top rate now before more cuts push the yields lower.
Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...