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2. What Is APY: How APY Works and How It's Different From APR - AOL

   www.aol.com/apy-apy-works-different-apr...

   APY shows how much interest you can earn in a deposit account in a year, while APR shows how much you’ll pay to borrow money. The big difference between APR vs. APY boils down to compound ...

3. Here’s why savers should find an APY that surpasses the rate ...

   www.aol.com/finance/why-savers-apy-surpasses...

   These days, rates on high-yield savings accounts are outpacing the rate of inflation: Top APY on a high-yield savings account: 5.30%. Current inflation rate: 2.5%. For savers earning such a rate ...

4. Savings interest rates today: Last call on yields of up to 5. ...

   www.aol.com/finance/savings-interest-rates-today...

   Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.50% APY with a $1,000 minimum at Poppy Bank and up to 5.33% APY with no minimums ...

5. Annual percentage yield - Wikipedia

   en.wikipedia.org/wiki/Annual_percentage_yield

   Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow a reasonable, single-point comparison of different offerings with varying compounding schedules. However, it does not account for the possibility of account fees affecting the net gain.

6. Savings interest rates today: Swap your everyday savings for ...

   www.aol.com/finance/savings-interest-rates-today...

   Today’s highest savings rates are at FDIC-insured digital banks and online accounts offering promotional rates of up to 5.50% APY with a minimum $1,000 deposit at Poppy Bank and up to 5.30% APY ...

7. High-yield savings accounts vs. CDs: Which is best for ... - AOL

   www.aol.com/finance/high-yield-savings-account...

   The rate of interest is expressed as an annual percentage yield (APY) reflecting the earnings you can expect on your balance in a year, including compound interest. The higher your APY, the faster ...

8. Savings interest rates today: Make your dollars work harder ...

   www.aol.com/finance/savings-interest-rates-today...

   A hefty APY is among the smartest ways to build on your savings, letting your dollars do the hard work as you boost your balance. And while the Federal Reserve holds benchmark rates at 23-year ...

9. High-yield savings vs. traditional savings account: Why it’s ...

   www.aol.com/finance/high-yield-savings-account...

   Interest rates. The biggest advantage of a high-yield savings account is in its name: It earns a higher yield on your savings balance. HYSAs earn 4.00% APY or higher, which is some 10 times higher ...