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High-Yield Savings Account Rates Today: June 5, 2025 – Rates Are Steady

  • High-yield savings account rates remain steady this week, with the maximum rate at 5.84%.
  • Traditional savings accounts have improved interest rates, but online banks and credit unions offer even higher rates.
  • Average APY for traditional savings accounts is 0.22%, while high-yield accounts offer better rates but might require certain conditions like a larger deposit.
  • When considering a high-yield savings account, compare rates, minimum deposits, fees, and bank reputation to ensure a good choice.

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