[ad_1] SUMMARY High-yield savings accounts are a decent option for individuals looking to grow their savings faster than with traditional savings accounts. These accounts offer higher interest rates, known as the Annual Percentage Yield (APY). Here’s more By CNBCTV18.com December 31, 2024, 1:03:25 PM IST (Published) [ad_2] Source link
What are high-yield savings accounts? How do they work? – CNBC TV18
[ad_1] A high-yield savings account earns a higher interest rate compared to a traditional savings account and allows your money to grow faster. HYSAs offer easy access to your account and you can withdraw cash when needed. The interest rate earned on a high-yield savings account is called the Annual Percentage Yield (APY). The higher […]