Commissions do not affect our editors' opinions or evaluations. Opening a savings account with a high interest rate can be an easy way to maximize your savings and get you closer to your financial ...

According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior to the pandemic, but it’s far lower than what the best ...

They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money ...

As Elkins puts it, "Don't assume high savings account yields are necessarily a good thing." With interest rates uncertain, choosing the right savings product is going to be vital this year.

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 ...