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 ...

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

Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior ...

The national average savings APY is just 0.41%, but you can earn 4% or more by switching to a high-yield savings account.

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 ...

Let’s say you park $1,000 in a savings account at an interest rate of 0.61%, which is today's national average, according to Bankrate. Over the next year, at that interest rate, your savings ...

The national average savings account interest rate is 0.41% as of April 18, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

Savers seeking the alluring 7% interest rate might be disappointed ... that’s significantly higher than the national average of 0.41% for savings accounts according to the Federal Deposit ...

A high-yield savings account (HYSA) is a savings account that earns a higher-than-average interest rate. While the average return on a traditional savings account is just 0.43%, some HYSAs offer ...

Interest rates on both home equity products continued their downward trend this week. But which is smarter for you?

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.