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High-Yield Savings Account Rates Today: December 11, 2024 – Rates Move Down

  • Savings account rates are falling, with the average APY for a traditional savings account currently at 0.23%.
  • High-yield savings accounts offer more interest but may require meeting certain criteria or higher minimum deposits.
  • The highest rate for a standard savings account with a $2,500 minimum deposit is 5.84%, while the best rate for a high-yield account with a $10,000 minimum deposit is 5.35%.
  • For high-yield accounts requiring a $25,000 minimum deposit, the highest rate available today is 4.41%.

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