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.

Earn 6.25% APY on the first $1,000 deposited into a high-yield savings account at this Massachusetts-based credit union.

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 ...

Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...

The national average savings account interest rate is 0.41% as of March 11, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

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 ...

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 ...

Interest rates are dropping so far in 2025 and some of the best deals have departed - but you can still earn up to five per cent on your cash ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...