Best high-yield savings interest rates today, August 16, 2025 (Earn up to 4.3% APY)
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: Aug 16 2025
0mins
Source: Yahoo Finance
Interest Rate Trends: The Federal Reserve has reduced its target interest rate three times in 2024, leading to a decline in high-yield savings account rates, although some accounts still offer over 4% APY.
Savings Account Options: While traditional savings accounts average only 0.42% APY, high-yield accounts provide better returns for short-term savings goals, and it's essential to compare offers to find competitive rates with low fees.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
