Will my Growth Savings APY ever change?

Like most savings accounts, Growth Savings APY may change over time. Savings account rates may change because of a change in the federal funds rate set by the Federal Reserve or other factors such as inflation rates, competitive offerings, market timing, and the broader supply and demand of credit. Learn more about how banks determine interest rates on savings products and the factors that might signal a change by reading our article, How Banks Think About Rate.