Can you lose money in a high yield savings account?

Por: Fox Business Business November 23, 2020


There are both risks and rewards with high-yield savings accounts. They offer higher APYs than most traditional savings accounts.  (iStock)High-yield savings accounts have significantly higher interest rates than traditional savings accounts, which currently pay just 0.05% annual percentage yield (APY). High-yield savings accounts pay an average of about 1% APY or about 25 times the national average. High-yield savings accounts are... + full article

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