That's nearly 12 times the FDIC's national average for savings accounts of 0.45% APY.1 A high-yield savings account is great because it pays more interest, while still giving you the...
There is a greater variety of banks that offer 5% interest savings accounts, compared to 6% and 7% interest savings accounts, which means you can take your time finding the best account for your financial goals. ...
In this Guide: What Are Average Savings Interest Rates? · Factors That Affect Savings Rates · Where To Find the Latest Rates · Optimizing Savings in Light of Rate Fluctuations · The Bottom Line · Frequently Asked Questions
Explore the top 5% interest savings accounts. We'll explain whether there are requirements to earn the highest APY and the pros and cons of accounts.
Date, National average APY ; 10/28/2024, 0.57% ; 10/21/2024, 0.58% ; 10/14/2024, 0.58% ; 10/07/2024, 0.57% ; 09/30/2024, 0.59% ; 09/23/2024, 0.60% ; 09/16/2024, 0.61% ; 09/09/2024, 0.61% ; 08/29/2024, 0.59% ; 08/19/2024, 0.60% ; 08/12/2024, 0.61% ; 08/05/2024, 0.59% ; 07/29/2024, 0.61% ; 07/22/2024, 0.60% ; 07/15/2024, 0.59% ; 07/08/2024, 0.60% ; 07/01/2024, 0.59% ; 06/24/2024, 0.59% ; 06/17/2024, 0.58% ; 06/10/2024, 0.58% ; 06/03/2024, 0.61% ; 05/28/2024, 0.58% ; 05/20/2024, 0.59%
Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account requires that customers qualify for an Apple Card credit card, Cash App will limit its high percentage rate to its cardholders in a different way. The company says that customers wil...
If you're looking for the best rate for your savings, high-yield savings accounts typically offer yields that pay many times the national average.
It’s not easy to find savings accounts that pay interest rates up to 5%, but they do exist. Here’s how to find the best savings accounts that pay up to 5% APY.
Looking for the best high-yield savings accounts today? We evaluated dozens of accounts to find the 10 best. See our picks based on interest rates, fees, and more.
Current savings trends ; Bankrate Partner average · 4.51% APY ; National average · 0.57% APY