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.
Is it possible to find savings accounts with interest rates of 5% or more? Yes — see which banks currently offer 5% interest savings accounts and open an account today.
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
The national average savings account interest rate is currently 0.04% APY, according to the FDIC.
Discover the latest Wells Fargo savings account interest rates. Compare rates and factors influencing your savings.
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.
Explore an in-depth guide on average savings interest rates. Know how they affect your returns and make more informed financial decisions.
Federal Deposit Insurance Corporation, National Deposit Rates: Savings [SNDR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SNDR, November 3, 2024.
Check out the average savings interest rate for the current week. Plus, learn how to choose an account and maximize your APY.