Top High-Yield Savings Accounts Now Beat Inflation with 5%+ Rates
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Interest rates on some high-yield savings accounts now exceed 5% APY, outpacing inflation.
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High inflation persists, reducing purchasing power, so these accounts help maintain value.
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Many top accounts have low or no minimum deposit and balance requirements.
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Good options include accounts from Milli Bank, Poppy Bank, My Banking Direct, and Customers Bank.
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High-yield savings accounts offer flexibility and can counter inflation better than other options like CDs.