And these rates are still outpacing the annual rate of inflation, which is 2.4 percent as of March, according to the latest Consumer Price Index (CPI) reading. All that is to say, now remains a good time to take advantage of high yields on savings. And it’s not hard to find a ...
Today’s best high-yield savings account interest rate of 5.00% can be found at Varo Money. Fortune monitors the top rates offered by leading U.S. financial institutions to help readers obtain the best possible return on their savings. Here are today’s highest savings account rates: FDIC av...
And these rates are still outpacing the annual rate of inflation, which is 2.4 percent as of March, according to the latest Consumer Price Index (CPI) reading. All that is to say, now remains a good time to take advantage of high yields on savings. And it’s not hard to find a ...
Banks typically base their savings rates on the federal funds rate. This is a rate set by the Fed that determines how much banks charge each other to borrow and lend money. When the federal funds rate increases, banks tend to pass along this increase to customers in the form of higher in...
No matter where you are in your financial journey, a savings account is a must. Not only is it a wise financial move, but you owe it to yourself tomaximize your savingsby getting the highest rate possible. That starts with knowing today's average rates, choosing a high-yield savings acco...
Great for: Competitive CD Rates with no transaction fees. Overview: Marcus is the online bank of Goldman Sachs. Throughout 2018, it consistently offered one of the highest online savings rates, but it was quick to lower its savings and CD rates in 2019 and 2020 and was not been very comp...
What is the highest-paying high-yield savings account today? On May 9, 2025, the institution on our best high-yield savings account list with the highest APY is Axos Bank. Its ONE savings account earns a 4.66% APY. When are savings rates going to fall? The Fed kept the federal funds ...
TheCIT Bank Platinum Savingsis one of our top accounts because they consistently have one of the highest interest rates offered to consumers. Also, their platform in incredibly easy to use, with the ability to sign up and get started in minutes. ...
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...
whether owned by a physical bank or set up as a fully online-only institution. You can always find today's highest rates—currently near 5.00%—and the institutions that offer them by regularly checking our ranking in this article. Or for a list that is exclusive to banks (no credit union...