What You Need to Know High-yield savings accounts offering 5% annual percentage yield (APY) can earn you over 12 times more ...

According to FDIC data, the average interest rate on savings accounts is currently 0.42%. That rate is much higher than it was prior to the pandemic, but it’s far lower than what the best ...

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...

The average savings account rate is a benchmark for the overall interest-rate environment, but it’s not a rate you should settle for. Rather, aim for an annual percentage yield (APY) many times ...

Get today's best rates on high-yield FDIC-insured savings accounts to more quickly grow your everyday cash, build an emergency reserve or save for a successful retirement.

Not only are these accounts safe, but they offer interest that could give your savings a boost — meaning you'll be more prepared for the next rainy day. The national average savings account ...

With a high-yield savings account, you can get a solid interest rate and your money grows ... CNBC Select compared those with an above-average APY, FDIC insurance, zero monthly maintenance fees ...

As of September 2023, the average savings account earns 0.45% interest, according to FDIC data. However, high-yield savings accounts may yield as much as 10 times this rate or even more.