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A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual ...

Brooklyn Sprunger is a full-time Content Manager and Personal Finance Writer at Motley Fool Money, where she oversees product reviews and ratings while also writing about credit cards, bank accounts, ...

Your savings account has a variable interest rate, so your bank can choose to raise or lower that rate at any time. Due to this, the yield you’re currently earning might not be the same as it was last ...

Tariff uncertainty may delay Federal Reserve rate cuts, as the tariff deadline has been moved to Aug. 1. High-yield savings accounts remain a smart move, with leading yields surpassing 4 percent APY.