<ul><li>Savings account rates have remained steady compared to last week, with the highest yield standing at 5.84% for standard savings accounts with a $2,500 minimum deposit.</li><li>The average APY for traditional savings accounts is currently at 0.22%, reflecting the annual return including compound interest.</li><li>High-yield savings accounts offer significantly more interest, with the best rate currently at 4.88% for a $10,000 minimum deposit account, and 4.40% for a $25,000 minimum deposit account.</li><li>Interest rates on savings accounts are influenced by Federal Reserve rate changes, with rates fluctuating based on economic conditions and inflation. The Fed adjusts rates eight times a year based on the FOMC meetings.</li></ul>

High-Yield Savings Account Rates Today: May 22, 2025 – Rates Are Steady

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