Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.
Last week, UOB and Standard Chartered Bank cut the bonus interest rates on their flagship savings accounts. Will other banks follow suit?
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
Get up to speed with the average interest rates offered by bank accounts in 2024. Our guide helps you make informed decisions for your financial growth.
Average savings account interest rates are on the move. Here’s where they currently stand.
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.
Key Takeaways ; According to recent Bankrate data, the average interest rate for savings accounts is 0.57% . That means if you deposit $20,000 into a standard savings account that earns the average APY, you will earn $114 in interest over the course of a year. You can find a savings account to maximize your interest by weighing multiple factors, like switching to a new bank, combining your savings and checking accounts, considering online banks or credit union accounts, and keeping an eye out fo...
A high-yield savings account offers much higher than average annual percentage yields than a... "To find the best interest rates on savings accounts, you need to research and take your time...
TD Bank’s savings account rates range from 0.01% to 4.00% APY, primarily depending on your account balance. ; TD Bank has no minimum opening deposit requirement on either of its savings accounts. ; Along with its savings account offerings, TD Bank also offers CD, checking, credit card, loan and retirement products.
Bank, Account and APY ; Ally Bank, Online Savings Account – 4.00% APY ; American Express National Bank, Member FDIC, High Yield Savings Account – 4.10% APY ; Barclays Bank, Online Savings – 4.50% APY