The lender also reduced the interest rate on green deposits, and pointed out that a 999-day deposit will earn 6.70% now ...

Good savings account interest rates are usually several times higher than the national average savings rate. As of June 2025, the average saving rate published by the FDIC is 0.38%, so a good rate ...

In December 2024, the average interest rate for a savings account in the U.S. stood at 0.42%, according to the Federal Deposit Insurance Corp. By comparison, interest rates for some high-yield ...

No-penalty CDs have a fixed interest rate for a term and don't have early withdrawal fees. With a savings account, the ...

For general customers, HDFC Bank has now reduced the interest rate on FDs of less than 15 months and more than 18 months from ...

With a high-yield savings account, such as those offered by online financial institutions like Ally or Capital One 360, you can earn top interest rates without worrying about monthly fees or ...

Savings account interest rates have fluctuated over the years due to many different economic changes, such as during recessions, inflation, depressions and other economic conditions.

The national average for savings account rates is approximately 0.43%—significantly below what a 5% interest high-yield savings account could offer you today.

When you compare banks, the interest rate on savings accounts can be a key factor. If a bank offers a higher rate, you might choose it over others. This competition among banks benefits you.

In December 2024, the average interest rate for a savings account in the U.S. stood at 0.42%, according to the Federal Deposit Insurance Corp. By comparison, interest rates for some high-yield ...

Learn more about how a 7% interest rate savings account works and where to find one. Understanding 7% interest savings accounts When an account pays 7% APY, you'll earn 7% on your balance over a year.