While still elevated compared to recent history, the best savings account yields dropped as a result. The Fed began 2025, though, by keeping interest rates unchanged, and is only expect to pare ...
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 ...
The national average savings account interest rate is 0.41% as of February 10, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...
Certificate of deposit (CD) A type of savings account in which a lump-sum deposit accrues interest at a fixed rate for a fixed term, usually with an early withdrawal penalty. Money Market Account ...
The Capital One 360 Performance Savings account offers a competitive 3.70% APY (annual percentage yield), while not charging maintenance fees or requiring a minimum account balance. The benefit of ...
Find out Openbank Savings rates and how it compares to other online high-yield savings accounts in our review.
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 ...
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...
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 ...