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.
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.
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 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.
Uphold · Finder Score: 4.4 / 5: ★★★★★ ; Savings app · Up to $2.5 million · 1 · 0 · 1,046.50
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.
My Banking Direct High-Yield Savings ; APY* · 4.85% ; Min. deposit · $500 ; Min. balance to earn APY · $1 ; Monthly fee · $0
Discover what a high yield savings account is, its benefits, and how to open and choose one to maximize your savings with higher interest rates.
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 (4.75% APY), and CIT B...