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Savings interest rates today, January 11, 2025 (best account provides 4.75% APY)

Yahoo Finance
Summary
Nutrition label

68% Informative

The Federal Reserve cut its target rate three times in late 2024 , which means savings interest rates are falling.

The national average savings interest rate stands at 0.42% , according to the FDIC .

The best savings rates on the market today are much higher.

The highest savings account rate available from our partners today is 4.75% APY.

VR Score

74

Informative language

76

Neutral language

37

Article tone

informal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links