The average savings account interest rate is 0.45% as of September 2023. Learn more about savings account interest rates, how they’re set and tips for maximizing your interest rate.
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.
Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.
With interest rates at record lows, savings account interest is low, too. The right account at the right bank can help you maximize your savings.
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
The average interest rate for a savings account will vary, depending on the type of account and other factors. Shopping around could help you to find the best deal.
What is the current Discover savings interest rate? We cover everything you need to know about Discover's high-yield savings account.
Average savings account interest rates are on the move. Here’s where they currently stand.
Vault’s Viewpoint on Marcus ; Marcus offers a high-yield savings account with no minimum balance, no fees and a competitive APY. ; As an online bank, Marcus doesn’t offer easy access to deposit cash or checks, which may be a dealbreaker for some customers. ; This account is a good option for those who want a competitive annual percentage yield (APY) and don’t need to deposit checks or cash regularly.
The Chase Bank savings interest rate is below average. However, the bank offers other savings account perks for its customers, including the ability to automate savings.