Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

APY is an abbreviation for “annual percentage yield,” which is the percentage that indicates how much interest a bank account, such as a certificate of deposit (CD) or a high-yield savings account, ...

The ABCs of successful money management include an understanding of APY, or annual percentage yield, an acronym you’ll see advertised by banks on their savings products. Long story short: The higher ...

Annual percentage yield is a way to measure the amount of money earned on an interest-bearing account, annualized over a year. The higher the APY on a savings account, the more money you earn on the ...

Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned indirectly by Fox Corporation. The Fox Money content is created and ...

When researching savings accounts, you’ll likely come across two key figures: Annual percentage yield (APY) and interest rate. While they may seem similar, understanding their nuances is important for ...

Kailey Hagen has been writing about small businesses and finance for almost 10 years. Articles she's written for The Motley Fool have been syndicated to USA Today, MSN, and Yahoo! Finance. She ...

Kat Tretina is a contributor to Buy Side and a financial expert on student loans, debt management, insurance and banking. If you are looking to maximize your savings—and who isn’t?—moving your money ...

Toni Husbands was a staff writer with CNET Money. She began writing about personal finance to document her experience paying off $107,000 of debt, which is detailed in her book "The Great Debt Dump." ...