Here's what experts project will happen with savings account rates over the short term. Savings account rates will ...

What Is a Good Rate for a Savings Account? Good savings account interest rates are usually several times higher than the national average savings rate. As of May 2025, the average saving rate ...

It is virtually impossible to find a savings account with a 7% APY in 2025. See our picks for high-yield savings accounts ...

While lowering interest rates is good for borrowers, it's not so good for savers. Banks also use the Fed rate as a benchmark for savings account yields. When the Fed rate decreases, the interest ...

They may fluctuate (up or down) as the Fed rate changes ... % (or close to it) interest savings accounts Best for earning a high APY: My Banking Direct High Yield Savings Account Best for low ...

For example, first direct offer a 7 per cent regular saver account for up to £300 a month if you have a first account already ...

Overall, it’s a good account for people who want a secure ... You might be wondering how the Synchrony Bank savings interest rate translates into real-world earnings. While you might not earn ...

is a type of savings account that offers a higher interest rate than a traditional savings account. It can be a good place to keep money that you may need access to in the near term while still ...

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 yield (APY). A 7% interest savings account is a ...

A good interest rate for a checking account depends on ... As of September 2023, the average savings account earns 0.45% interest, according to FDIC data. However, high-yield savings accounts ...