Savers can still snag interest rates above 4.25%. The average national interest rate for savings is 0.42%. Interest rates for savings accounts will continue to drop through the beginning of 2025.

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 ...

the average savings account interest rate is 0.42% APY but most online savings accounts pay far more than traditional bank savings accounts. High-yield savings accounts, which work the same as a ...

How much interest you can earn, however, depends on where savings rates currently stand. The national average savings account interest rate is 0.42% as of January 17, 2025, according to the latest ...

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

As you can see, you won’t earn much interest with either account. Again, that’s typical of savings accounts at the big traditional banks. The national average savings rate for deposit accounts ...

That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest ... national rate is defined as “the average of ...

I have three high-yield savings accounts at different banks. I use each one for different goals and my emergency fund.

The benefit of high-yield savings accounts, such as this one by Capital One, is that savers can earn much higher yields than on a typical savings ... Savings account interest rates Capital One ...

But if you have a traditional savings account ... What is a good interest rate for a savings account? Currently, the average interest rate on a savings account in the U.S. is 0.42%, according ...

Citizens Bank savings interest rates are between 0.01% and 0.05% annual percentage yield (APY), which is lower than the national average ... accounts are practically identical to traditional ...