While still elevated compared to recent history, the best savings account yields dropped as a result. The Fed began 2025, though, by keeping interest rates unchanged, and is only expect to pare ...

These are the current national average rates for savings, interest checking, certificates of deposit and money market accounts. Many, or all, of the products featured on this page are from our ...

The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in ...

The national average savings account interest rate is 0.41% as of February 6, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven’t substantially declined. We may see ...

Despite its large presence, Wells Fargo savings accounts earn relatively low interest rates. Depending on the savings account, you can earn higher rates with larger balances—but even these rates ...