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

*APYs as of Feb. 7, 2025, based on the banks we track at CNET. Weekly percentage increase/decrease from Jan. 27, 2025, to Feb ...

While a 5% annual percentage yield (APY) seems to be the highest offered among savings accounts with no minimums ... The fallback interest rate is then between 6.17% to 0.15% APY for balances ...

Despite the drop in interest rates, some high-yield savings accounts still offer around a 5% annual percentage yield (APY) — up from the pandemic-era rates of 1% and the highest since the 1990s.

According to FDIC data, the average interest rate on savings accounts ... When shopping for a savings account, compare APYs, or annual high percentage yields. More frequent compounding helps ...

The Annual Percentage Yield (APY), for Chase ... What happens to a 7% interest savings account when rates fall? Unlike CDs, savings account rates aren’t fixed. Banks can raise and lower 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 ...

The best nationwide savings accounts offer around 4.50% APY, but this local credit union gives nearly twice that. Find out if ...

Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...

Offering new customers 5% AER (4.89% gross, variable) for six months, the account is currently one of the best savings ...

The national average savings account interest rate is 0.41% as of January 31, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...