These 2 savings accounts have interest rates of about 5%: Here's which one you should choose

These 2 savings accounts have interest rates of about 5%: Here's which one you should choose

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Since the start of 2022, the highest interest rates on high-yield savings accounts (HYSAs) and certificates of deposit (CDs) have surged from nearly 1% to closer to 5%, making them a much more attractive place to put your cash. Compared to the average interest rate of 0.6% you get for checking…

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