Savings interest rates today: Rise above anticipated rate cuts with APYs of up to 5.50% right now — Sept. 3, 2024

The summer's highest savings APYs are starting to sink in anticipation of a Fed rate cut in just a few weeks — the first cut to interest rates in four years. Among the smartest ways to prepare for lower interest rates is to move your money to a high-yield savings account earning up to 10 times the national average at your neighborhood bank.

Today's best HYSAs are still paying out up to 5.50% APY across a range of digital banks offering robust online banking and apps for seamlessly moving and managing your money.