Top savings rates remain attractive, with APYs as high as 5.30%. However, experts expect interest rates to drop further, making it essential to act now to take advantage of these rates. The Federal Reserve has cut interest rates by 50 basis points since September, affecting borrowing costs and how fast your money can grow.

Source: https://www.cnet.com/personal-finance/banking/todays-best-savings-rates-oct-17-2024/#ftag=CAD590a51e