Best High-Yield Savings Account Interest Rates A high-yield savings account offers a better-than-average annual percentage yield compared with all savings accounts. According to the FDIC, the average APY across all savings accounts as of Dec. 16, 2024, was 0.42%. At the same time, there wer...
What are today's savings interest rates? The national average savings account interest rate is 0.41% as of January 31, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a high-yield savings account, however. Bankrate reports ...
Bank of America interest rates for savings accounts and CDs are lower than what many online institutions offer.
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.
Banks have begun quietly dropping APYs in anticipation of Fed rate cuts. Here's where you can still score a high one. Our Experts Written by Edited by Written by Liliana Hall Associate Writer Read more from Liliana Liliana Hall is a writer for CNET Money covering banking, credit cards and ...
Chase Savings Account Interest Rate: How It Compares Chase savings account interest rates are generally lower than savings rates at online banks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website...
Instead of depositing and withdrawing money whenever you wish, a CD is a “timed” account. Encyclopædia Britannica, Inc. It’s worth shopping around to compare interest rates—whether you’re seeking a loan or a place to park your savings. And remember to monitor your interest as you ...
Compare online banks withlarger bankswhen you search for a high-yield account. You’re likely to find that online banks have lower minimum balances, won’t have monthly fees and may pay the same APY on all balances. In many cases, these savings account interest rates, and the corresponding...
The U.S. national average savings account interest rate is at 0.06% in 2021. Moreover, the current rate is still 33% lower than in 2020 and 40% lower than in 2019.Average Savings Account Interest Rates of January 2025: Statistics and Key Findings National Average Rates: The U.S. ...
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...