Let's say you make a $5,000 deposit into a savings account with a 4.75% APY and interest on that account compounds daily. In this example, you’d earn $19.83 in interest during your first month ...

You can earn up to 4.65% annual percentage yield with today's best CDs. That's more than three times the national average for ...

To have a better understanding of how interest rates and APY would impact your money, here's an example: If you were to deposit $1,000 in an account earning a simple interest of 5% paid after ...

Accounts with the lowest APY offering (under 1% ... CDs generally have higher interest rates than savings accounts but less flexibility. Enter your deposit, CD term and annual percentage yield ...

Many banks and credit unions offer high-yield savings accounts with an annual percentage yield (APY) of 4% or more ... to earn thanks to compound interest. For example, if you deposited $1,000 ...

For example, you may plan on purchasing a vehicle ... but they pay a higher-than-average APY on deposits. Money market account: Money market accounts give you quicker access to your cash while ...

paying an interest rate of 4.75%. And it offers the same benefits as a savings account and more. The MMA offered by Quontic currently pays an APY of 4.75%. Almost no savings account can match that ...