Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.
Key takeaways ; Top savings rates have been outpacing inflation, making it a good time to have your money in a high-yield savings account. ; You can still find savings accounts with APYs above 5 percent, while the rate of inflation is currently 2.5 percent. ; Having your funds in a high-yielding savings account helps maximize your money at a time when prices remain elevated on various goods and services.
Depending on the type of savings account and your balance, TD Bank offers rates ranging from 0.01% to 4.00% APY.
Discover the latest Wells Fargo savings account interest rates. Compare rates and factors influencing your savings.
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Discover the best savings rates in Illinois with our comprehensive guide to top savings accounts. Explore the top offers from local banks, credit unions, and online banks
Vault’s Viewpoint: Overview of the Best Savings Interest Rates In Rhode Island ; Best Online Savings ; Best for Daily Compounded Interest ; Best Combined Checking and Savings ; Best Local Credit Union ; Best Local Bank
Sponsored offers ; American Express National Bank savings account ; Openbank savings account ; Marcus by Goldman Sachs savings account ; Promoted offer: It only takes about 5 minutes to open a fee-free account. Promoted offer: No monthly maintenance fee, $0 to open, easily grow your money ; Western Alliance Bank savings account ; Barclays savings account ; BMO Alto savings account ; Promoted offer: 0 Monthly Acct Fees. No Balance Cap to Earn APY. Peak Bank savings account
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.
The Charles Schwab Investor Savings Account doesn’t charge monthly service fees and offers unlimited ATM fee rebates worldwide. But you can find higher savings rates elsewhere.