<ul><li>Rates on high-yield savings accounts remain steady compared to a week ago, with the highest yield reaching 5.84% on a $2,500 minimum deposit.</li><li>Traditional savings accounts are offering an average annual percentage yield (APY) of 0.22%, while high-yield accounts can provide considerably higher returns.</li><li>The best interest rate on high-yield accounts requiring a $10,000 minimum deposit is 4.88%, with an average APY of 0.23%.</li><li>When considering a high-yield savings account, look beyond the interest rate to factors like minimum deposit requirements, fees, and the reputation of the financial institution.</li></ul>

High-Yield Savings Account Rates Today: May 6, 2025 – Rates Are Steady

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