savings rates have taken a hit. However, you can still earn more than 10 times thenational averagewith one of today’stop high-yield savings accountsthat boast up to 5.25% APY.
Best Savings Accounts As of Jan. 21, 2025, the national average rate for savings accounts was 0.41%, according to the FDIC. You can check out the best high-yield savings accounts to see top APYs. According to Deri Freeman, a certified financial planner with Prudential, interest rates may ...
Find the best savings account for your financial goals based on interest rates (APY), monthly fees, free ATM access, & other features.Simon Zhen Updated: Jan 01, 2025 Featured Expert Mathieu Despard The best savings accounts are more than just places to put your money -- they can also ...
Rate information contained on this page may have changed. Please find latestsavings rates. Author:Ari Socolowon September 18, 2024 The Federal Reserve acted as expected to lower the benchmark Fed funds rate for the first time in this cycle. Market observers had fully expected a rate cut going...
Aside from the interest rates, the other main deciding factor will be how you’ll need access to your funds (you’ll have more options with Money Market Accounts). A lot of people consider MMAs more a hybrid Checking/Savings account, with its limited Checking capabilities. Keep in mind, ma...
The Western Alliance Bank High-Yield Savings Account is for you if you're focused on maximizing your returns as it offers one of the highest savings rates we found and has just a $1 minimum deposit to open an account. Standout benefits: There's no cap to earning Western Alliance Bank's...
These easy strategies can help you find the top savings rates available today. Getty Images Interest rates fluctuate and economic conditions evolve, which can make finding the best savings rates a challenging task. The last few years are a great example of this. In 2021 and 2022, interest ...
Don't settle for low returns on your savings. Capitalize on the high APYs offered by these accounts instead.
While regular savings accounts are easy to access, they generally don’t earn as much as high-yield savings accounts.“Banks are offering attractive rates; the return is not trivial. You're getting a decent return for no risk and some nice benefits and services,” said Dr. Steve Pillof...
account interest rates can be dramatic, with the top accounts in the country typically offering 10 to 12 times the national average rate. And you can still keep your checking account where it is, because it's simple to link ahigh-yield savings accountto your primary account for easy ...