The average savings account now delivers an average rate of just 0.41%, according to the latest government data. That said, ...
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 ...
Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...
On January 29, the Federal Reserve chose to keep the federal funds rate steady. Here are which savings accounts offer close ...
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.
Both CDs and high-yield savings accounts offer savers unique ways to grow their money right now. . News at the end of January that the Federal Reserve was keeping its ...
Jennifer Cooper is a freelance financial and wellness writer with an MBA and a passion for geeking out on money topics. Jennifer infuses economic subjects with emotional richness. Lauren Graves is ...
CD account rates are already down significantly from recent years when it was possible to get an account with a rate in the 6 ...
A high-interest savings account simply offers a more attractive interest rate than other savings accounts that may be offered by the institution. The interest rate is applied to the entire balance ...
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
high-interest savings accounts—meaning those with interest rates of 2.50% and higher—can help you grow your savings. Higher interest rates sometimes come at the expense of higher fees and ...