Investment
Features
FeesSafety
Academy
More
Pluang+

Most savings accounts lose value to inflation; switch to high-yield accounts paying above 3.4% APY to protect your cash.

Market News
15 Sep 2026
Fool - Investing News
View Source
Neutral
Most savings accounts lose value to inflation; switch to high-yield accounts paying above 3.4% APY to protect your cash.

Inflation rose 3.4% over the past year, while the average savings account pays only 0.38% APY, causing most cash savings to lose value. Moving money to a high-yield savings account paying around 4.00% APY can help your savings grow faster than inflation, preserving purchasing power. For example, $10,000 in an average account earns $38 annually, losing about $300 in value, whereas in a high-yield account it earns about $400, gaining ground. Online banks like Happen Bank offer competitive rates with no fees, making it easy to protect your emergency fund from inflation erosion.

The story on savings account returns versus inflation is offered here with Pluang's Financials sector data for context. For readers following Financials stocks, as of Sep 15, 2026 19:02 WIB, 21 of 74 priced US Financials stocks rose while 48 fell. Notable price changes include STM up 1.88% at USD 48.68, BCS down 2.40% at USD 25.24, and PUK down 1.80% at USD 26.16.

More News

Analysts cut Vale price targets amid iron ore market uncertainty and rising costs.

Analysts cut Vale price targets amid iron ore market uncertainty and rising costs.

Several analysts including Morgan Stanley, Scotiabank, and Wells Fargo have lowered their price targets for Vale due to rising all-in costs and volatile iron ore prices. Despite the stock trading below these new targets, indicating potential upside, ...

Analyst Insights
Bearish
2 hours ago
Hormel Foods price target cut to $23 amid hopes for valuation rebound despite 50% share drop.

Hormel Foods price target cut to $23 amid hopes for valuation rebound despite 50% share drop.

BNP Paribas lowered Hormel Foods' price target from $26 to $23, indicating a potential 16.2% upside from its current price of around $19.80. Despite a 50.5% decline in its share price over five years, Hormel Foods remains attractive for dividend inve...

Analyst Insights
Neutral
3 hours ago
Barclays rates Becton Dickinson 'Underweight' amid $3B U.S. manufacturing partnership

Barclays rates Becton Dickinson 'Underweight' amid $3B U.S. manufacturing partnership

Barclays initiated coverage of Becton, Dickinson and Company (BDX) with an "Underweight" rating, indicating a cautious outlook for the medical technology stock. BDX is partnering with the U.S. government to boost domestic manufacturing and strengthen...

Market News
Bearish
3 hours ago
US government moves $94.15M USDT seized from FTX to Coinbase Prime, totaling $566M transferred.

US government moves $94.15M USDT seized from FTX to Coinbase Prime, totaling $566M transferred.

The US government has transferred 94.15 million USDT, part of funds seized from the collapsed crypto exchange FTX and its affiliate Alameda, to Coinbase Prime. This latest transaction brings the total amount moved to Coinbase Prime over several hours...

Market News
Neutral
4 hours ago
S&P 500 earnings expected to grow nearly 30% in 2026, driven by tech and AI, despite rising bond yields and oil prices.

S&P 500 earnings expected to grow nearly 30% in 2026, driven by tech and AI, despite rising bond yields and oil prices.

Analysts forecast nearly 30% year-over-year earnings growth for the S&P 500 in 2026, up from 26.7% earlier this year, fueled largely by strong tech sector gains, especially in AI chipmakers like Nvidia and Micron. Earnings growth is broadening beyond...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App