Last week, UOB and Standard Chartered Bank cut the bonus interest rates on their flagship savings accounts. Will other banks follow suit?
"To find the best interest rates on savings accounts, you need to research and take your time during the process," she advises. The table below shows a sampling of recent rates for high...
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
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.
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.
Vault’s Viewpoint on 6% APY Savings Accounts ; Digital Federal Credit Union earns 6% interest on its savings account, but this account has deposit limits and balance requirements. ; With a 6% APY on your savings, you could earn $60 a year on a $1,000 deposit. ; If you aren’t eligible for a 6% interest savings account, other options yield nearly as much, such as select CDs and other high-yield savings accounts. ; Not everyone qualifies for these accounts, and sets of narrow criteria can affect your eligibility.
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.
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.
Vault’s Viewpoint on 7% Interest Savings Accounts ; As of November 2024, no banks offer a 7% interest rate savings account. However, two credit unions offer 7% on select checking accounts. Your Closest Options: Landmark Credit Union (7.50% APY) and OnPath Federal Credit Union (7.00% APY) on select qualifying checking accounts. High-yield savings accounts typically offer 4.00% to 5.00% APY, with top options like Newtek Bank (5.25% APY), Pibank (5.50% APY), MyBankingDirect (4.85% APY), and CIT B...