As of June 2025, the national average savings account interest rate is 0.50% according to Curinos. You can find better interest rates with a high-yield savings account.

A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.

Over the same period, $1,000 in a high-interest savings account with a 3% APY will have a balance of $1,030.45. Contributing $100 every month brings the total up to $2,248.58.

To give you an idea of how this works: Let’s say you put $5,000 in the Citizens account at 4.5% APY. That would earn $225 in interest over one year without you ever adding to the account.

Here are savings accounts from banks offering at least 4% interest on your savings right now. Plus, learn the factors to consider when opening a high-yield savings account.

Citizens Bank savings interest rates are between 0.01% and 0.05% annual percentage yield (APY), which is lower than the national average. Learn more about Citizens Bank savings rates below.

Savings account interest usually works on a compounding basis. This means that any interest you earn is added to your main balance — the principal, and then future interest is calculated on this ...

Savings account interest rates have fluctuated over the years due to many different economic changes, such as during recessions, inflation, depressions and other economic conditions.

Martin warned that millions are ‘pants’ rates currently, but can ‘easily ditch, switch and gain’. However, he recommends ...

It's possible to reach $1 million by steadily investing a portion of your income. Most experts recommend saving 15% of your ...