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High-Yield Savings Account Rates Today: July 8, 2025 – Rates Are Steady

  • Savings account rates have remained stable compared to last week, with the highest yield reaching up to 5.84%.
  • Online banks or credit unions offer rates that are significantly higher than traditional financial institutions.
  • High-yield savings accounts require meeting certain criteria like being a credit union member or making a substantial deposit to earn higher interest rates.
  • Consider factors like interest rates, minimum deposit requirements, fees, and the financial institution's reputation when selecting a savings account.

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