Today’stop high-yield savings accountsboast annual percentage yields, or APYs, up to 5.45% -- more than 10 times the national average. But with rates likely at their peak, the sooner you open one of these accounts, the more interest you stand to earn. Experts recommend comparing rates bef...
Interest rates on typical bank savings accounts are laughably low. The national average interest rate is just 0.42% APY (as of January 2025).[1]Online banks provide much higher interest rates. Choose one of these accounts to get the most out of your hard-earned savings....
Top High-Yield Savings Account Rates TodayHere are the very highest rates in the country for high-yield savings accounts. While the following banks have the highest APYs as of January 9, 2025, they may not make it into our top picks list because of some limitations: they can have stricter...
Accounts Savings Account Start saving today for your future needs An HSBC Savings Account offers you the benefit of earning interest on your credit balances with the flexibility of opening it in any major currency. How to apply What you'll get with our Savings Account ...
When rates are rising, your savings APY could increase: Savings accounts pay variable yields, so if we're in a rising interest rate environment, your bank may boost your APY. Cons Explained Scoring a high yield may require opening the account at another bank: The bank where you have your ...
Where To Get The Best Interest Rates Find which banks have the best savings account and money market accounts with high interest rates! Find the highest savings interest rates and open an account today. Update 1/2/25: We’ve updated our list with the latest bank rates. In addition to this...
Savings accounts have variable rates, meaning the bank orcredit unioncan change your interest rate anytime it wants—and without warning. One of the main drivers for how institutions set savings account rates is theFederal Reserve'sbenchmark interest rate, thefederal funds rate. Though banks ...
Compare savings accounts to find the best rates. Bankrate's experts have identified the highest savings account interest rates from top banks to help you maximize your earnings.
There are several credit unions that offer NCUA-insured savings accounts that offer these high-interest savings account rates as well. The best savings accounts for 5% interest These are the best high-yield savings accounts if you want your money to earn at least 5.00% APY: Varo Savings: up...
Here are some tips to help you get the best rate on your savings.1. Research current savings account ratesThe first step to get the best annual percentage yield (APY) is to understand what’s considered competitive in the current interest rate environment. The best savings accounts today pay...