<ul><li>Savings account rates remain stable compared to last week, with the highest yield at 5.84% for a $2,500 minimum deposit.</li><li>Traditional savings accounts offer an average APY of 0.22%, while high-yield accounts provide considerably more interest but may require additional conditions.</li><li>The best interest rate today for high-yield accounts with a $10,000 minimum deposit is 4.88%, and for $25,000 minimum deposit accounts, it is 4.40%.</li><li>The historical highs for interest rates were in the early 1980s when the federal funds rate exceeded 19% in response to high inflation, but rates have since decreased.</li></ul>

High-Yield Savings Account Rates Today: May 2, 2025 – Rates Are Steady

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