<ul><li>Savings account rates have remained steady this week, with the highest standard savings account rate at 5.84% for a $2,500 minimum deposit.</li><li>High-yield savings accounts offer much higher interest rates than traditional accounts, with the best rate at 4.88% for a $10,000 minimum deposit and 4.40% for a $25,000 minimum deposit.</li><li>Average APY for traditional savings accounts is 0.22%, while high-yield savings accounts have an average APY of 0.23% to 0.24%, depending on the minimum deposit.</li><li>When choosing a savings account, consider interest rates, minimum deposit requirements, fees, and the financial institution's reputation and safety, ensuring it is insured by FDIC or NCUA.</li></ul>

High-Yield Savings Account Rates Today: May 15, 2025 – Rates Are Steady

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