You may notice if you’re shopping for a savings account that banks advertise both an interest rate and an annual percentage rate, or APY. While an account’s interest rate can give you a basic idea of ...

The ABCs of successful money management include an understanding of APY, or annual percentage yield, an acronym you’ll see advertised by banks on their savings products. Long story short: The higher ...

How much is too much to invest in a CD? Here's how to leverage a certificate of deposit without missing out on higher yields ...

An annual percentage yield, or APY, is the rate of return on money in a bank account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...