Interest rate cuts look likely this September. But will a high-yield savings account be worth opening before then?

Wells Fargo's low savings rates could drain your future earnings. Here's how to avoid missing out on thousands of dollars in ...

The Federal Reserve held interest rates steady again at its July meeting, resisting pressure to cut rates despite growing ...

A $10,000 deposit into a high-yield savings account could result in a big return, should interest rates stay high.

A $20,000 deposit into a high-yield savings account could earn savers a large amount of money if opened right now.

The average savings account now yields about 0.45% annual interest, according to the Federal Deposit Insurance Corp. Rates remain stubbornly low for savers even as banks charge ever-steeper rates ...

Of course, with 11% interest — usually through investment rather than a savings account — the total could be more than 22 times the initial investment (over $22,000).

At the current 3.90% APY, a $10,000 deposit to your Discover Online Savings Account has the potential to earn $2,313.47 in interest over five years for a total savings of $12,313.47.

Traditional savings accounts usually offer lower interest rates compared to the other options mentioned. It’s less common to find a traditional savings account with a 5% interest rate.