interest rates and maintain liquidity for emergencies. Currently, the top savings account annual percentage yields (APY) range from 4.50 percent to 5.05 percent, with just a few banks still offering 5 percent or higher. This is close to nine times higher than today's national average of 0.57 ...
Find the best savings account for your financial goals based on interest rates (APY), monthly fees, free ATM access, & other features.
TotalBank–4.67% APY Forbright Bank–4.60% APY Popular Direct–4.60% APY Vio Bank–4.56% APY My Banking Direct–4.55% APY Valley Direct–4.55% APY The top savings account rates in the country are listed below in order of APY. Where more than one financial institution has the same rate, ...
While minimum balance requirements vary, most banks with the best rates keep the rates fairly competitive between both accounts. Though, MMAs from the same bank won’t always have better rates than its Savings account. Putting aside interest rates, another main factor in deciding which one to ha...
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...
Please Note: We are not a bank or credit union and are not affiliated with any. This information is provided 'as is' and solely for informational purposes, not for specific financial advice. While we aim to keep our information accurate and current, the rates and information shown on this ...
Saving in a high-yield account means you can still earn some of the best rates around, even if APYs start falling. Fund your new bank account.Get $100 in cash rewards. That's on top of any financial institution sign-on bonuses. Get access by joining NerdWallet+. All eligible products ...
How Bankrate calculates the national average In June 2023, Bankrate updated its methodology that determines the national average savings account rates. Bankrate surveys more than 500 banks and credit unions weekly to generate the national averages. Included in the survey are institutions that are broad...
How to open a high-yield savings account Institutions have different rates and requirements for their HYSAs, so shop around to find the best one. Factors to consider include: Interest rate:Some accounts offer higher yields than others, which means a more significant return on your savings. Reme...
Charles Schwab offers many valuable banking products, but rates on its savings account—while higher than the national average—are not very high. Compare Schwab to some of the high-yield savings accounts below to find the right bank (or broker) for you. ...