[crushingk]

Right now, there are checking accounts, savings accounts, CDs, and money market accounts (all of which are deposit accounts) paying 5%.

[zamnos]

Not that I don't believe you, but you mind linking some? the best I could find was wealthfront cash, which is isn't a savings account but is giving 4.05% apy. Which is pretty good, but inflation's up at like 6.5%, so it's still a bit of a net loss

[Rebelgecko]

Some banks do it as a short term loss leader to acquire new customers. Eg Primus bank recently offered 5% interest, then after a month or two their rate fell back down to treasury APRs

[neilv]

I see 4.55% APY: https://www.bankrate.com/banking/savings/best-high-yield-int...

Fidelity SPAXX currently at 4.22% is close enough for me, because you get all the other Fidelity features.

[daydream]

Fidelity FZDXX money market fund 7-day SEC yield is 4.46%. Minimum $100k initial investment.

[crushingk]

Some are listed here: https://www.marketwatch.com/picks/these-8-financial-institut...

I typically check the top rates for savings, checking, and CDs each week. Deals can appear then disappear quickly. The best rates often have restrictions, but not always.

[thoughtpalette]

NerdWallet has links to a bunch of high interest (4%+) savings accounts rn.