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High-Yield Savings Account Rates Today: July 9, 2025 – Rates Are Steady

  • Savings account rates remain stable compared to previous week with up to 5.84% being the highest yield available.
  • High-yield savings accounts generally offer higher interest rates than conventional savings accounts, requiring potential customers to meet specific criteria.
  • The current average APY for a traditional savings account is 0.22%, while high-yield accounts offer an average APY of 0.23%.
  • Factors to consider when selecting a savings account include interest rates, minimum deposit requirements, fees, and the institution's reputation and safety.

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