Here’s everything savers need to know about APY
The APY percentage shows how much an account earns per year. Here’s what you need to know.
Libby Wells is a former part-time editor at Bankrate. Previously, she was Bankrate's chief copy editor and a credit card reporter. Libby spent most of her career as a newspaper journalist and has more than 30 years of experience as a writer and editor.
The APY percentage shows how much an account earns per year. Here’s what you need to know.
It varies, but generally, the lower the better. Here’s why.
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