Check out the average savings account rates for the current week! Our team has created a curated guide to ensure you get the most out of savings account rates.
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.
Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
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.
Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to Jul 2024 about savings, personal, rate, and USA.
Average savings account interest rates are on the move. Here’s where they currently stand.
Deposit Products, National Deposit Rates, National Deposit Rates Rate Cap Adjusted, Treasury Yield ; Savings, 0.46, 1.21, 5.33 ; Interest Checking, 0.08, 0.83, 5.33 ; Money Market, 0.64, 1.39, 5.33
The national average savings account interest rate is currently 0.04% APY, according to the FDIC.
Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.