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

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

    HYSAs earn 4.00% APY or higher, which is nearly nine times higher than the national 0.45% average of traditional savings accounts. But here’s the kicker: Chase, the largest bank in the U.S ...

  3. 4 ways to get the best money market account rate - AOL

    www.aol.com/finance/4-ways-best-money-market...

    Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit. CFG Community ...

  4. High-yield savings vs. money market account: Which is best ...

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

    A money market account — or MMA — is a savings account that offers a high rate of return on your deposit with the benefits of a checking account, though with limited flexibility. Like a high ...

  5. U.S. prime rate - Wikipedia

    en.wikipedia.org/wiki/U.S._Prime_Rate

    The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of large banks loan money to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).

  6. Money market account - Wikipedia

    en.wikipedia.org/wiki/Money_market_account

    A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.

  7. Here's Why I'm Not Worried About My Savings Account if Rates Drop

    www.aol.com/heres-why-im-not-worried-103013661.html

    In fact, 100% of interest rate traders expect the Federal Reserve to lower rates in September, according to CME Group's FedWatch tool. If interest rates drop, banks and credit unions will lower ...

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