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Stock impact report

Now's the Time to Earn an APY as High as 5.55%. Best Savings Rates for Today, July 5, 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 You can earn an APY as high as 5.55% with today's best high-yield savings accounts. Experts expect the Fed to cut rates at some point this year, so today's APYs may be the best you'll find for a while. Even if rates fall later this year, high-yield savings accounts will continue to offer better APYs than traditional savings accounts. High savings rates have been the story for the better part of the last two years as the Federal Reserve regularly hiked rates to fight record inflation. But with rate drops on the horizon, the clock is ticking on the opportunity to maximize your earnings. Currently, the best high-yield savings accounts offer annual percentage yields, or APYs, as high as 5.55% -- more than 10 times the national average . So, if you've been trying to grow your emergency fund or start a sinking fund , now's the time to switch to a high-yield savings account. Once the Fed drops rates, your APY will likely drop, too Read on to learn where you can fin Show less Read more
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