What Is APY? The One Number That Decides If Your Savings Earn $22 or $256 a Year

Last updated: July 23, 2026 · 8 min read · Category: Banking & Savings What is APY? Here’s the gap that should bother you: park $5,000 in the average U.S. savings account and you’ll earn about $22 over a year. Put that same $5,000 in one of the better high-yield accounts on the market right […]