<ul><li>Savings account rates remain unchanged compared to a week ago with the highest yield at 5.84%.</li><li>Traditional savings accounts have seen a significant increase in interest rates, with online banks and credit unions offering rates that are 10 times higher than those of traditional institutions.</li><li>High-yield savings accounts offer substantially more interest than conventional accounts, with the best interest rate for a $10,000 deposit remaining at 4.88%.</li><li>Interest rates on savings accounts fluctuate in response to the Federal Reserve's rate changes, which occur eight times a year during FOMC meetings.</li></ul>

High-Yield Savings Account Rates Today: May 30, 2025 – Rates Are Steady

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