Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.
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.
If you’re on the hunt for today’s best savings interest rates, we’ve narrowed down some of the top offers. Learn more about savings interest rates today and how to open an account.
To find the best high interest rate for you, browse Bankrate's list of the best high-yield savings accounts from federally insured, highly rated institutions.
Compare today’s best high-yield savings account rates with our ranking of over 100 national banks and credit unions. Today's top savings rate is 5.50% from Pibank.
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 for bank bonus offers and promotions. ...
Learn about the best high-yield savings accounts, including how they work, how to choose one and which is the best for different types of savers.
The best high-yield savings accounts have high APYs, low fees and are federally insured.
APY : 4.85%, Fee : $0, Minimum deposit to open : $0
Compare savings accounts to find the best rates. Bankrate's experts have identified the highest savings account interest rates from top banks to help you maximize your earnings.