Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

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Despite recent Fed rate cuts putting the squeeze on interest rates across the board, several online banks continue offering eye-popping yields on high-yield savings accounts (HYSAs) that dwarf ...

You could be earning hundreds, even thousands of dollars, a year by putting your money into a high-yield savings account.

You can earn exponentially more than that by opening a high-yield savings account, however. Bankrate reports that top high-yield savings account rates for March 2025 are between 4.28% and 4.75%.

CDs and high-yield savings accounts both earn more than traditional savings accounts. CDs require you to lock in your money for the duration of your term. Fluctuating interest rates play a key ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...

A high-yield savings account (HYSA) is a great tool for maximizing interest on your savings. These accounts pay far more than the average checking account rate (0.07%) and more than the average ...

High-yield savings accounts (HYSAs) and money market accounts (MMAs) are two types of deposit accounts that offer safe, stable spots for storing your money and growing your savings at up to 10 ...

ease of opening and accessing your account, promotional offers, and other perks or benefits you may receive when opening or maintaining a high-yield savings account. Although we strive to maintain ...

CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

Higher rates mean you have the opportunity to earn more on your funds in a savings account. And if you’re a super saver looking for bigger earning potential, you’ll want to check out a high ...