Simply put, annual percentage yield (APY) is the amount of interest ... quarterly or annually. For example, if you put $2,000 into an account that pays 1% annual interest, you’ll earn $20 ...
CNBC Select will update as changes are made public. While a 5% annual percentage yield (APY) seems to be the highest offered among savings accounts with no minimums, caps, fees or membership ...
The best high-yield savings accounts have annual percentage yields, or APYs, that are many times higher than the national average rate of 0.41%. Many of the rates in this list top 4%. High-yield ...