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High-Yield Savings Account Rates Today: July 11, 2025 – Rates Are Steady

  • Current high-yield savings account rates have remained steady compared to last week, with a potential earning of up to 5.84% on deposits.
  • Traditional savings accounts have historically offered low interest rates, but online banks and credit unions now offer rates up to 10 times higher than traditional institutions.
  • The average APY for traditional savings accounts is 0.22%, while high-yield accounts offer significantly higher rates, with the best rate at 4.88% for a $10,000 minimum deposit.
  • When choosing a savings account, consider factors like deposit requirements, interest rates, fees, and institution reputation to ensure the best fit for your needs.

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