*APYs as of Feb. 7, 2025, based on the banks we track at CNET. Weekly percentage increase/decrease from Jan. 27, 2025, to Feb ...

But even in this high-rate environment, you’ll be hard-pressed to find a widely available savings account that gives you a 7% annual percentage ... Use our savings calculator to run your numbers.

Account details and annual percentage yields ... Use our savings interest calculator to determine how much your savings could grow. How do banks set interest rates on savings accounts?

Despite the drop in interest rates, some high-yield savings accounts still offer around a 5% annual percentage yield (APY) — up from the pandemic-era rates of 1% and the highest since the 1990s.

Annual percentage yields (APYs ... plug your initial deposit amount into a savings calculator. Add the current interest rate, 4.00% APY, and your planned monthly contributions.

The average savings account rate is a benchmark for the overall interest-rate environment, but it’s not a rate you should settle for. Rather, aim for an annual percentage yield (APY) many times ...

The best high-yield savings account ... after three consecutive rate cuts dating back to September. Since September, the federal funds rate has been lowered by a full percentage point to a range ...

It lowered the federal funds rate by half a percentage point in September ... requirement to get the advertised rate. This free savings calculator will help you project how you can build your ...