menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

High-Yield...
source image

Forbes

1d

read

193

img
dot

Image Credit: Forbes

High-Yield Savings Account Rates Today: May 20, 2025 – Rates Are Steady

  • Savings account rates remain steady with the highest yield at 5.84% on a $2,500 minimum deposit.
  • Average APY for traditional savings accounts stands at 0.22% while that of high-yield accounts is 0.23% for $10,000 minimum deposit and 0.24% for $25,000 minimum deposit.
  • High-yield savings accounts offer more interest but may require certain conditions like being a credit union member or large deposits.
  • Historically, interest rates peaked in the early 1980s with the fed funds rate surpassing 19% in response to high inflation.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app