The Federal Reserve meets eight times a year to announce its benchmark federal-funds rate (sometimes called the Fed rate).

The top rate on today's high-yield savings accounts is 5%. But this surprising online checking account pays just as much if ...

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

But how much interest can you earn by putting $10,000 in a high-yield savings account? With some of the top high-yield ...

Bask Bank: 4.85% APY The Interest Savings Account from Bask offers a great 4.85% APY today. There's no minimum balance required to open or earn interest with the account.

With banks and credit unions now touting high-yield options at nearly 10 times the dismal industry average of 0.38% APY for a ...

On the other hand, if you move that $1,000 into a high-yield savings account offering a 5.50% APY, you would earn $55 in interest over the course of one year for a total balance of $1,055.

Interest in a high-yield account often compounds daily or monthly. This means that interest earnings are added to your principal balance, and you earn interest on the combined amount.