<ul><li>Rates on savings accounts are mixed compared to one week ago. The highest APY on a standard savings account with a $2,500 minimum deposit requirement is 6.82%. The average APY for a traditional savings account is 0.23%. High-yield savings accounts generally pay much more interest than conventional savings accounts.</li><li>On high-yield accounts requiring a minimum deposit of $10,000, the best interest rate is 6.82%. The average APY for those accounts is now 0.23% APY.</li><li>On high-yield savings accounts with a minimum opening deposit of $25,000, the highest rate available today is 6.82%. The current average is 0.25% APY for a high-yield account with a $25,000 minimum deposit.</li><li>When choosing a high-yield savings account, consider factors such as the interest rate, minimum deposit, fees, and the reputation and safety of the bank or credit union. Opt for institutions insured by FDIC or NCUA.</li></ul>

High-Yield Savings Account Rates Today: December 12, 2024 – Rates Are Mixed

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