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With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Discover offers a relatively accessible savings account, but the APY is low ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.