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Stock impact report

Best Savings Rates Today -- Don't Sleep On Savings Rates This High, June 4, 2024 [CNET News]

Discover Financial Services (DFS) 
Last discover financial services earnings: 4/22 05:35 pm Check Earnings Report
US:NYSE Investor Relations: investorrelations.discover.com
Company Research Source: CNET News
Key takeaways The top high-yield savings accounts offer APYs up to 5.55%. A high-yield savings account with a competitive yield can help you reach your savings goals faster. Now's the time to maximize your interest earnings with a high-yield savings account because experts still expect the Fed to cut rates at some point in 2024. The top savings rates remain elevated ahead of next week's Federal Open Market Committee meeting. But if you're thinking about putting your savings into first gear, now's the time to take advantage of competitive annual percentage yields, or APYs, while they're still around. Right now, the best high-yield savings accounts earn APYs up to 5.55% -- more than 10 times the national average . So the sooner you open a high-yield savings account, the more interest you can earn. Even if the rate environment shifts in the coming months, high-yield savings accounts will continue to offer better APYs than traditional accounts that tend to offer rates as low as Show less Read more
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