High Yield Savings Account news and trends

Nu Lowers Yield on Savings Accounts in Mexico

March 26, 2024
Following Other Online Providers, Affirm Boosts APY on Savings Accounts
Digital Banking // September 01, 2022

Affirm has announced that its savings accounts now offer an annual percent yield (APY) of 1.5%, noting that’s 11.5 times the national average. That APY became effective as of Wednesday (Aug. 31) and may change at any time, the company said in a Thursday (Sept....

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Nu Lowers Yield on Savings Accounts in Mexico

March 26, 2024
Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for the first time since 2021. From April 16 through May 23, Nu’s new yield will be 14.75%, Bloomberg reported Tuesday (March 26). The new rate that the central bank, Banxico, announced last […]

Following Other Online Providers, Affirm Boosts APY on Savings Accounts

September 01, 2022
Affirm has announced that its savings accounts now offer an annual percent yield (APY) of 1.5%, noting that’s 11.5 times the national average. That APY became effective as of Wednesday...