Savings interest rates today: Top rates still at 5.30% APY and higher for growing your money faster — August 29, 2024

It's not enough to keep your savings in a simple account earning under 1% APY. Savvy savers know that by moving your money to a high-yield savings account, you can earn significantly more without any additional work. 

Interest yields continue to sit at their highest in decades, thanks to the Federal Reserve increasing its benchmark rate 11 times since March 2022. But with the Fed widely expected to begin cutting rates next month, time is running out on peak APYs paying out more than 10...