<ul><li>High-yield savings account rates remain steady with no change compared to last week, offering up to 5.84% interest.</li><li>Traditional savings accounts have started offering higher yields, especially from online banks and credit unions, compared to the low interest rates post the Great Recession.</li><li>The average APY for a traditional savings account is currently 0.22%, while high-yield savings accounts offer substantially higher interest rates, though they may require certain conditions to be met.</li><li>Interest rates on savings accounts are influenced by the Federal Reserve's rate adjustments, which are made eight times per year by the Federal Open Market Committee; average rates are determined by Curinos focusing on personal savings accounts.</li></ul>

High-Yield Savings Account Rates Today: May 28, 2025 – Rates Are Steady

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