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The top savings accounts today earn up to 5% APY. See our listing of the best high-yield savings account rates of May 19, 2025


Published on 2025-05-21 05:26:32 - Fortune
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  • Take a look at the highest savings account interest rates available right now

The article from Fortune, dated May 19, 2025, discusses the current landscape of savings account rates, highlighting that the best high-yield savings accounts are offering rates above 5% APY due to recent Federal Reserve actions. It lists several top financial institutions, including online banks and credit unions, that provide these competitive rates, such as Ally Bank at 5.25% APY, Marcus by Goldman Sachs at 5.15% APY, and Synchrony Bank at 5.10% APY. The article emphasizes the importance of shopping around for the best rates, considering factors like minimum balance requirements, fees, and ease of access to funds. It also notes that while traditional brick-and-mortar banks offer lower rates, the convenience of online banking has made high-yield savings accounts more accessible to consumers looking to maximize their savings growth.

Read the Full Fortune Article at:
[ https://fortune.com/article/best-savings-account-rates-5-19-2025/ ]