The best savings accounts offer high-yield interest rates and don’t require you to maintain a huge minimum balance (or any balance whatsoever) to avoid fees. If you are using a brick-and-mortar bank as your savings account, you need to switch. They don't pay anything. And the banks ...
A high interest rate is great, but not if you can’t count on remaining at that level. That’s why we keep track of banks that offer the most consistent interest rates on savings accounts. Discover Bank is hyper-focused on helping customers build savings, and its savings account is design...
2Best CD Rates 2.111 Months or Less 2.212-18 Months 2.319+ Months 3Best Business Savings Rates 4Requirement High-Interest (Nationwide) 5Requirement High-Interest (Regional) Best Basic Savings Rates Leaving money in a regular bank account will usually get you a terrible interest rate. With a lit...
The top rate on one of those accounts is only slightly lower than the Platinum Savings' highest rate. Keep in mind there are high-yield accounts at other banks that don’t have this high deposit requirement. Despite the higher threshold to earn the high rate, the account’s minimum opening...
Rate verified as of Dec. 31, 2024 *New customers only Why You Can Trust Us Investopedia collects savings account rates from over 100 banks and credit unions every weekday. When ranking high-yield savings account rates, we look at factors that will help readers choose the best savings account...
Rate verified as of Oct. 16, 2024 Why You Can Trust Us Investopedia collects savings account rates from over 100 banks and credit unions every weekday. When ranking high-yield savings account rates, we look at factors that will help readers choose the best savings account, like minimum open...
banks reviewed Recent news on high-yield savings account rates The Federal Reserve lowered rates by another 25 basis points — or a quarter of a percentage point — on Dec. 18. The federal funds rate now sits at a range of 4.25-4.50 percent. This marks the third consecutive rate cut by...
High-yield savings account interest rates can and do change. In response to rising inflation, the Federal Reserve made significant increases to the federal funds rate beginning in 2022 This means that high-yield savings account rates have also risen. The Fed indicated it expects to keep rates hi...
#6 Motive Financial High Interest Savings AccountMotive’s interest rate has gone through its ups and downs, and right now, it’s up. Its 3.8% interest rate makes it one of the most competitive savings rates in Canada.While its interest rate is great, we’ve received comments that its ...
All of our ranked high-yield savings accounts have no monthly maintenance fee, are protected by FDIC insurance and feature some of the highest interest rates for savings accounts. Information and rates are current as of November 5, 2024. Estimated earnings are based on a deposit of $10,...