In this Guide: What Are Average Savings Interest Rates? · Factors That Affect Savings Rates · Where To Find the Latest Rates · Optimizing Savings in Light of Rate Fluctuations · The Bottom Line · Frequently Asked Questions
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
Compare Ally Bank's Money Market & Savings Account rates. Competitive rates with savings buckets and no overdraft fees. Ally Bank, Member FDIC.
In fact, it’s the third largest commercial bank in the U.S., according to the Federal Reserve, with over 4,500 branches in 36 states across the country. Despite its large presence, Wells Fargo savings accounts earn relatively low interest rates. Depending on the savings account, you can earn higher rates with larger balances—but even these rates are far from the highest in the industry. Beyond the Wells Fargo interest rate, other factors could influence whether one of its savings accounts is...
The best online banks feature competitive interest rates, low or no fees, convenient digital access, FDIC insurance and excellent customer service.
, Business Super Savings ; Ideal for:, Businesses looking for a disciplined savings plan that pays a higher rate of interest ; Minimum Opening Deposit, $100 ; Minimum Balance, $1,000 ; Monthly Service Charge, $6 (if minimum balance is not maintained) ; Interest Earning, Interest compounded daily and paid monthly Earn bonus interest rates when you make one deposit of $25 or more and no withdrawals during the month; otherwise a base rate applies ; Statements Issued, Monthly ; Withdrawals, Withdrawals are unlimited
Ally Bank ; Capital One 360 ; Discover Bank ; Axos Bank ; SoFi®
CIT Bank excels in being a trustworthy, online option. Our reviews walks you through the pros and cons of this online bank, which offers competitive rates and no fees.
Link accounts and add money · Link your checking or savings accounts at other banks and transfer money into your Marcus savings account. You’ll start earning interest the day your transfer is initiated. Open an Account ; Transfer your money when you need it · Transferring money back to your checking account is easy: Same-day transfers are available and you can schedule transfers online, in the Marcus app or by phone. Open an Account
U.S. Bank’s savings account has convenient access, in exchange for one of the lowest savings rates available.