<ul><li>High-yield savings account rates have remained steady with an opportunity to earn up to 5.84% on savings.</li><li>Traditional savings accounts used to offer low interest rates, but now higher yields are available, especially through online banks and credit unions.</li><li>The average APY for a traditional savings account is currently 0.22%, while high-yield savings accounts offer substantially higher interest rates.</li><li>Factors to consider when choosing a savings account include interest rates, minimum deposit requirements, fees, reputation of the institution, and FDIC or NCUA insurance.</li></ul>

High-Yield Savings Account Rates Today: May 12, 2025 – Rates Are Steady

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