<ul><li>Rates on high-yield savings accounts have remained stable with the current highest rate at 5.84% for a $2,500 minimum deposit.</li><li>Average APY for traditional savings accounts is 0.22%, while high-yield savings accounts offer more competitive rates but may require specific conditions like larger deposits.</li><li>The highest interest rate for high-yield accounts with a $10,000 minimum deposit is 4.88%, and for a $25,000 minimum deposit, the highest rate is 4.40%.</li><li>Consider factors like minimum deposits, fees, and institution reputation when choosing a savings account, ensuring it meets your financial goals and is backed by FDIC or NCUA insurance.</li></ul>

High-Yield Savings Account Rates Today: May 9, 2025 – Rates Are Steady

Discover more