APY, or Annual Percentage Yield, is an important term to understand if you want to maximize your money’s growth potential. It measures the interest earned on a financial product or account over one ...

Depositing money to a savings account can help you prepare for rainy days. You could also grow your money if you’re earning compound interest on your balance. One thing to consider when comparing ...

Check out Money’s picks for the best banks for high-yield savings accounts in 2026.

Beat average interest rates with one of the top high-yield savings accounts ...

When you're shopping for a financial product like a savings account or CD, it can feel like you have to learn a new language to make sense of your options. Banks love to toss around terms like "APY" ...

It's crucial to have savings on hand for life’s unexpected expenses. A healthy emergency fund can save you from going into debt, especially if you contribute to it monthly. One easy way to build your ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

A 7% interest savings account is hard to come by. There's one savings account paying over 7% APY and two checking accounts with that APY or higher. Two of these three options are from local ...

Yields for 5-year certificates of deposit are down 8 basis points over the past year to an average of 1.34%, according to the latest government data. But while these long-term fixed-rate yields are ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. If you have a savings or ...