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.

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 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 ...

The national average savings account interest rate is 0.41% as of January 24, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

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 ...

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

High-yield savings accounts still offer high rates when compared to historic interest rates. Find out when it's still better ...

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 ...

In exchange, online banks can pass their savings on to you in the form of fewer fees and stronger interest rates than your typical bank. HYSAs compare to traditional accounts in key ways beyond ...

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 ...

Both of Barlcay’s savings accounts offer yields well over the national average ... When compared to traditional banks, Barclays’ rates shine even brighter. Many traditional brick-and-mortar ...

What Is a Good Interest Rate on a Savings Account? In 2025, you’ll typically find the best savings interest rate offered by what’s known as a high-yield savings account. A high-yield savings ...