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.
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.
Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at banks and credit unions.
The average savings account interest rate is 0.45% as of September 2023. Learn more about savings account interest rates, how they’re set and tips for maximizing your interest rate.
Average savings account interest rates are on the move. Here’s where they currently stand.
Original photos by Getty Images (2) The average savings account interest rate has increased steadily over the past two years. Here’s a closer look at why banks have increased their rates...
The average savings account in the United States earns a 0.61% APY, according to Bankrate data. If you deposited $10,000 in a savings account that earned that average APY and left it alone for a ye...
Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.
Best for banking online ; Best for in-person banking ; Best for saving in a money market account ; Best for sole proprietors ; Best for avoiding fees
You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.