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☆ Earnings calls reveal how companies ranging from Coca-Cola to JPMorgan are capitalizing on AI
▼ + stars: | 2023-10-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

The craze around AI kicked off late last year with the launch of ChatGPT, and dozens of technology companies from Alphabet to Meta Platforms have thrown a hat into the ring . Many companies have utilized AI or machine-learning tools in the past to streamline their businesses. For pharmacy giant Walgreens Boots Alliance and soda maker Coca-Cola , AI is helping improve supply chains, forecast demand and in some cases, predict spending. Centene , UnitedHealth and Elevance Health all highlighted ways they are implementing AI to improve customer offerings. Financials Major financial and banking companies are also finding ways to capitalize on AI to improve efficiencies and their bottom line.

Persons: Gary Guthart, Elevance, UnitedHealth, Erica, Moody's, Andrew Schlossberg, JPMorgan Chase, Jamie Dimon, That's Organizations: CNBC Pro, Consumer, Walgreens Boots Alliance, Supply, Microsoft, Health, Elevance, Bank of America, Google, Mastercard, JPMorgan

☆ With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
▼ + stars: | 2023-10-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

UK has second-biggest number of top fintech firmsThe U.S. was home to 65 of the top fintech companies, according to CNBC's list of world's top 200 fintech companies. In the U.S., some of the top global fintech companies on Statista's list include names like Stripe, PayPal and Intuit . Stateside, meanwhile, the largest fintech unicorns are Stripe ($95 billion), Chime ($25 billion), Ripple ($15 billion), Plaid ($13.5 billion), Devoted Health ($12.6 billion, and Brex ($12.3 billion). Other leading ecosystems for fintech unicorns include India, on 17 unicorns, and China, on eight. Standing in 8th place is Mexico, with five fintech unicorns, Singapore, also with five, and the Netherlands, which has four in total.

Persons: Ed Jones, Starling, Tencent, Statista, Andreessen Horowitz, Wise, Vlad Tenev, Group's, —, Nick Parmenter Organizations: AFP, Getty, CNBC, Statista, Ant Group, Plaid, Visa, Mastercard, European Union, Apple, Google, Sequoia Capital, PayPal, Intuit, Financial, Authority, Consumers Locations: U.S, Beijing, China, Silicon, Europe, Ukraine, Covid, India, France, Brazil, Germany, Mexico, Singapore, Netherlands, Statista

Data from Mexico's financial products watchdog Condusef shows that the accounts would be the highest-yielding ones offered in the local financial sector. Other Latin American fintechs like Brazil's Nubank (NUN.MX) and Argentina's UALA have also launched savings accounts this year in Mexico, where data from the national statistics agency showed less than half of the population has savings accounts. The Mexican arms of Nubank and UALA both offer 9% yields on their savings accounts, already much higher than most banks. Stori expects to reach 3 million savings account holders by the end of next year, said its General Manager of New Products Sergio Duenas. ($1 = 18.0044 Mexican pesos)Reporting by Valentine Hilaire; Editing by David Alire Garcia, Christian Plumb and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Marlene Garayzar, Sergio Duenas, Valentine Hilaire, David Alire Garcia, Christian Plumb, Marguerita Choy Organizations: MEXICO CITY, Wednesday, Reuters, The Bank of, New, Thomson Locations: MEXICO, Mexico, The Bank of Mexico, Nubank

☆ Metro Bank: Colombian billionaire Jaime Gilinski Bacal takes control of struggling UK lender
▼ + stars: | 2023-10-09 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender’s finances. Metro Bank said in a statement late on Sunday that it had raised £325 million ($396 million) from investors, split between £150 million ($183 million) of equity and £175 million ($213 million) of debt. Metro Bank’s shares were trading 22% higher Monday but have still lost 55% so far this year. The Bank of England welcomed the deal, which will also see Metro Bank refinance £600 million ($731 million) of debt, causing losses to some bondholders. Metro Bank CEO Daniel Frumkin said the deal “marks a new chapter” for the lender, which has reported losses for several years.

Persons: London CNN — Jaime Gilinski Bacal, Stock, Daniel Frumkin, Gilinski, Forbes, Gilinski Bacal, Dorita, Fitch Organizations: London CNN, Metro Bank, Lloyds, Barclays, BCS, HSBC, —, Metro Bank’s, Bank of England, Fitch, Bank Locations: Colombian, America

☆ Shares of UK's Metro Bank up 26% after securing fresh capital
▼ + stars: | 2023-10-09 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

LONDON — Shares of the U.K.'s Metro Bank were sharply higher Monday morning, after the lender on late Sunday announced it had secured a £325 million ($395.6 million) capital raise and £600 million in debt refinancing. The capital raise includes £150 million of new equity and £175 million of "MREL" issuance, a form of bail-in debt. Metro Bank shares were 25.5% higher at 10:28 a.m. London time. The deal comes after investors were last week spooked by news that the bank was searching for a large financing package. Crunch talks took place over the weekend, with several large banks approached for potential offers, according to multiple reports.

Persons: Crunch, Jaime Gilinski Bacal, Bacal Organizations: Metro Bank, Sunday, Spaldy Investments, Bank Locations: London, Colombian

LONDON, Oct 8 (Reuters) - Embattled British bank Metro (MTRO.L) announced a 325 million pound ($396.5 million) capital raise and 600 million pound debt refinancing on Sunday, after a weekend of urgent talks to bolster its balance sheet after a volatile week of trading. Metro Bank had sought to shore up its finances after a string of setbacks in recent years, including accounting errors, leadership departures and delayed regulatory approval for key capital reliefs. The equity raise was led by Metro's largest shareholder, Gilinski-owned Spaldy Investments, which contributed 102 million pounds. The Bank of England's Prudential Regulation Authority said in a statement: "The Prudential Regulation Authority welcomes the steps taken by Metro Bank to strengthen its capital position." Reuters reported on Friday that Metro Bank was set to discuss funding options with its shareholders over the weekend, after a proposal from bondholders earlier in the week was seen as handing over too much control.

Persons: Jaime Gilinski, Gilinski, Iain Withers, Anousha, Huw Jones, Pablo Mayo Cerquerio, Londo, Lavanya, Lisa Shumaker Organizations: Metro, Metro Bank, Metro's, Spaldy Investments, of England's Prudential, Authority, Prudential, HSBC, Lloyds, Reuters, Thomson Locations: Colombian, London, Bengaluru

☆ Savings Account and CD Rates Today | New 16 Month No Penalty CD Comes to Market
▼ + stars: | 2023-10-07 | by ( Business Insider | ) www.businessinsider.com time to read: +15 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 5.25% (as of 08/11/2023) Minimum Deposit Amount $0 Pros Check mark icon A check mark. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Alliance, Western Alliance, FDIC, Western Alliance Bank, Mint Western Alliance Bank, Chase, Cash, Products, Savings, Mission Valley Bank, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | Lock in 6% Rates Today
▼ + stars: | 2023-10-06 | by ( Business Insider | ) www.businessinsider.com time to read: +17 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Alliance, Western Alliance, FDIC, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Chase, Cash, Products, Savings, Mission Valley Bank, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | 3-Year Variable Rate Hits 5.60% APY
▼ + stars: | 2023-10-05 | by ( Business Insider | ) www.businessinsider.com time to read: +17 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 5.25% (as of 08/11/2023) Minimum Deposit Amount $0 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Alliance, Western Alliance, FDIC, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Valley, Cash, Products, Savings, Mission Valley Bank, Newtek, Federal Credit Union Locations: Axos, —

☆ Brite Payments, a fintech startup founded by a former Klarna employee, just raised $60 million using this 10-slide pitch deck
▼ + stars: | 2023-10-04 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Fintech startup Brite Payments has raised $60 million in venture capital funding as it looks to scale its European operations. Founded in 2019, the Swedish firm is in the instant bank transfer space, a burgeoning sector of open banking known as account-to-account (A2A) payments. Based in Stockholm, Brite was founded by a former employee at buy-now, pay-later giant Klarna, Lena Hackelöer, and operates in 25 countries leveraging Europe wide open banking regulation, known as PSD2. Its latest capital injection comes from London fund Dawn Capital which led the round alongside Headline and existing investor Incore. You can check out Brite Payment's 10 slide pitch deck below:

Persons: Brite, Lena Hackelöer, Hackelöer Organizations: Dawn Capital Locations: Swedish, Stockholm, Europe, London, Sweden, Malaga, Spain

☆ Savings Account and CD Rates Today | New CD Provider Tops Our List with a 6.25% APY
▼ + stars: | 2023-10-04 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 5.25% (as of 08/11/2023) Minimum Deposit Amount $0 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, Read, —, Cash, we've Organizations: Western, Alliance, Western Alliance, FDIC, Western Alliance Bank, Mint Western Alliance Bank, Freedom, New, Truliant Federal Credit Union, Cash, Products, Savings, Mission Valley Bank, Newtek, Federal Credit Union Locations: Axos, Truliant, North Carolina , Virginia, South Carolina, —

☆ Savings Account and CD Rates Today | Chase Brings 6% CD to Market with a Big Catch
▼ + stars: | 2023-10-03 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Persons: Banks, you'd, —, Cash, we've Organizations: Western, Alliance, Western Alliance, FDIC, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Chase, Cash, Products, Savings, Mission Valley Bank, Newtek, Federal Credit Union Locations: Axos, —

☆ Ally Financial to lay off nearly 5% of staff
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

The logo and trading information for Ally Financial Inc appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Acquire Licensing RightsOct 2 (Reuters) - Ally Financial (ALLY.N) said on Monday job cuts in various divisions of the digital banking firm will affect nearly 5% of its workforce. "After taking steps over the past year to pause hiring and manage staffing expenses through natural attrition, we have made the difficult choice to selectively reduce our workforce," Ally spokesperson Peter Gilchrist said in an emailed statement. The Detroit-based company offers various financial products and is best known for its auto-loan business. Reporting by Jaiveer Singh Shekhawat in Bengaluru and Saeed Azhar in New York; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Ally, Peter Gilchrist, Jaiveer Singh, Saeed Azhar, Shinjini Organizations: Ally Financial, New York Stock Exchange, REUTERS, Ally, Thomson Locations: New York, U.S, Detroit, Bengaluru

☆ Savings Account and CD Rates Today | New 6% 1-Year CD Comes to Market
▼ + stars: | 2023-09-29 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Persons: Banks, you'd, —, Cash, we've Organizations: Alliance, Western Alliance, FDIC, Western Alliance Bank, Mint Western Alliance Bank, Freedom, OnPath Credit, Credit Union, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should act
▼ + stars: | 2023-09-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Coinbase CEO Brian Armstrong is unhappy with JPMorgan Chase's decision to block crypto-related transactions at its U.K. digital banking subsidiary, Chase UK. "I don't think that's OK. I don't think that's the rule of things in our society. Other British lenders have taken similar steps to bar crypto transactions, citing the risk of fraud. Examples include NatWest, which placed limits on the amount of cash that can be sent to crypto exchanges, and HSBC , which banned crypto purchases altogether.

Persons: Brian Armstrong, Armstrong, CNBC's Organizations: Coinbase Global Inc, JPMorgan, Chase, NatWest, HSBC Locations: New York

☆ Savings Account and CD Rates Today | New 7% APY Checking Account Comes to Market
▼ + stars: | 2023-09-27 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, OnPath Credit, Credit Union, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Exclusive: JPMorgan shuffles bosses as Rivas to retire as head of North American investment banking -memo
▼ + stars: | 2023-09-26 | by ( Nupur Anand | Thomson Reuters | Nupur Anand Is A U.S. Banking Correspondent At Reuters In New York. She Focuses On Jpmorgan Chase | ) www.reuters.com time to read: +1 min

REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Sept 26 (Reuters) - JPMorgan Chase (JPM.N) reorganized the leadership in its investment bank, promoting a new head in North America to succeed Fernando Rivas, who plans to retire, according to a memo seen by Reuters. He will be replaced by Jay Horine, who is currently the global industry co-head for energy, power and renewables, metals and mining (EPRM), according to the memo. Horine will also continue to be the global industry co-head of EPRM. The bank also appointed several global heads for industry groups reporting to Jim Casey and Vis Raghavan, who jointly lead global investment banking, effective immediately. Chandarana was previously chief data and analytics officer for the corporate and investment bank.

Persons: JP Morgan Chase, Mike Segar, JPMorgan Chase, Fernando Rivas, Rivas, JPMorgan's, Jay Horine, Horine, Jim Casey, Vis Raghavan, Samik Chandarana, Chandarana, Nupur Anand, Lananh Nguyen, David Gregorio, Mark Porter Organizations: JP, Co, REUTERS, JPMorgan, Reuters, Bank, Thomson Locations: New York, North America

☆ Savings Account and CD Rates Today | New No-Penalty CD Market Leader
▼ + stars: | 2023-09-26 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 5.25% (as of 08/11/2023) Minimum Deposit Amount $0 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Valley Bank, Bank, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | Earn 5.50% on Savings Accounts
▼ + stars: | 2023-09-25 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | Earn 5.60% on a 3 Year CD
▼ + stars: | 2023-09-24 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | Earn 5.80% on a 1 Year CD
▼ + stars: | 2023-09-23 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | 6 Month CDs Reach New High
▼ + stars: | 2023-09-21 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | New Top 1-year CD Rate
▼ + stars: | 2023-09-20 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | Savings Rates vs CD Rates
▼ + stars: | 2023-09-18 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. FDIC Insured* Annual Percentage Yield (APY) 5.00% Minimum Deposit Amount $1,000 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Connect, Barclays, Barclays Bank, Apple, Western Alliance Bank, Mint Western Alliance Bank, Start, Cash, Products, Technology Credit, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union, Newtek Locations: Axos, —

☆ Savings Account and CD Rates Today | More Banks Add 5% Rates
▼ + stars: | 2023-09-15 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. FDIC Insured* Annual Percentage Yield (APY) 5.00% Minimum Deposit Amount $1,000 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Connect, Barclays, Barclays Bank, Apple, Western Alliance Bank, Mint Western Alliance Bank, Start, Cash, Products, Technology Credit, USALLIANCE, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union, Newtek Locations: Axos, —

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