Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.
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.
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.
6% interest savings accounts are pretty rare to find. However, if you find an account with this APY, it can be like striking gold to reach your savings goals.
Bank · Checking account/Savings account combo · Standard savings yield · Yield with relationship · Minimum balance to avoid monthly checking account fee
If you come across a 7% interest savings account, you might have struck gold. While a 7% APY is impossible to find, excellent alternatives do exist.
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.
Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.
APY : 4.85%, Fee : $0, Minimum deposit to open : $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.