According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior to the pandemic, but it’s far lower than what the best ...

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...

Though savings APYs have drifted down from the 20-year highs of last year, 5% rates aren't gone yet. Check out these ...

The savings habits of many Americans give new meaning to the term “idle cash.” More than half of American savers are earning ...

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 ...

With a high-yield savings account, you can get a solid interest rate and your money grows even ... CNBC Select compared those with an above-average APY, FDIC insurance, zero monthly maintenance ...

The national average savings account interest rate is 0.41% as of April 14, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

A money market account is a type of savings deposit account that tends to offer check-writing privileges and a debit card for ATM access to your savings. Typically, savings accounts usually don’t let ...

So, a compounding interest rate generally results in a better ... For example, traditional savings accounts currently offer average rates of just 0.41%, but many of the top high-yield savings ...

Ally Bank offers another solid savings account if you’re interested in higher-than-average interest rates and no monthly maintenance fees. Although the online bank doesn’t offer the highest ...

As of September 2023, the average savings account earns 0.45% interest, according to FDIC data. However, high-yield savings accounts may yield as much as 10 times this rate or even more.

Truist has relatively low interest rates, but there are other savings accounts with rates five times the national average. Other comparison points to consider while reviewing an account include ...