Best High-Yield Savings Accounts In January 2025
The best high yield saving accounts are currently earning an annual percentage yield (APY) of 5% or more. Our list of high-yield savings accounts earn much more interest than the national average of 0.
Pros and Cons of High-Yield Savings Accounts
High-yield savings accounts have competitive APYs, but they're not without fault. Review our full list of the pros and cons of high-yield savings accounts.
Capital One sued by CFPB over its high-yield savings accounts
The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while it increased the new 360 Performance Savings account’s APY from 0.40 percent to 4.25 percent between April 2022 and January 2024.
Capital One Is Sued by CFPB Over Savings Accounts. The Stock Shrugs.
The Consumer Financial Protection Bureau is accusing the bank of illegally misleading millions of customers about its savings accounts.
Capital One Accused of Deceptive Savings Practices By CFPB
Key Points ・The CFPB has filed a lawsuit against Capital One for misleading millions of customers about savings account interest rates, leading to over $2 billion in lost interest. ・Capital One is accused of keeping older accounts at lower rates while funneling new customers into higher-yield accounts with similar terms.
Capital One sued by CFPB over alleged deception on savings account interest rates
The Consumer Financial Protection Bureau sued Capital One Financial (NYSE:COF) and its operating bank unit, Capital One, N.A., for allegedly misleading consumers about the interest rates on one of its savings accounts,
This savings account still promises 10% — plus 9 more of the highest APYs of January 2025
These 10 high-yield savings accounts have the best rates for January 2025. All accounts in this ranking are insured by either ...
10 savings accounts may seem like a lot, but they've helped us go from scrambling to having the money we need
Rob Phelan uses a "bucketing" system within his high-yield savings account to plan for expected but irregular expenses.
33% of People Said This About Their Finances in 2024—And This Account Could Help Fix That
If you were among those stressed about finances last year, consider a high-yield savings account as a way to boost savings ...
AOL4d
Time to move your money: January's best high-yield savings accounts still pay up to 4.50% APY
However, several high-yield savings accounts (HYSAs) still pay annual percentage yields (APYs) of up to 4.50%, even after these federal rate cut. This compares to the 0.01% APYs some of the ...
Fed rate cuts prompt rethink: Where should you park your savings in 2025? | Dollars & Sense
A financial expert suggests reconsidering savings strategies in 2025 as high-yield savings account rates decrease.
Western Alliance Bank High-Yield Savings Premier Review: High Returns and Set-It-and-Forget-It Simplicity
The Western Alliance Bank High Yield Savings account offers a competitive APY with no account fees, among other perks. Find out more in our detailed review.
Forbes1d
10 Best High-Yield Savings Accounts For January 2025
Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in ...
Business Insider1d
Best High-Yield Savings Accounts for January 2025
See how we rate banking products to write unbiased product reviews. High-yield savings accounts are a good place to keep emergency money or savings for things you want to accomplish in a short ...
CNBC5d
Best high-yield savings accounts by big banks of 2025
CNBC Select will update as changes are made public. The best high-yield savings accounts with the highest APYs are usually found online, but there are some competitive offerings from brick-and ...
Forget CDs, Even With Rates Over 4%. Here's Where to Put Your Money Instead
Certificates of deposit offer decent interest rates right now. But for most people, there are two better alternatives. Find ...