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.

A year ago, the best savings rates were over 5% APY. But as inflation showed signs of cooling toward the end of the year, the ...

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 ...

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, ...

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

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 ...

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 ...

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 ...

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 ...

Truist savings account interest rates can fluctuate, but a typical rate is 0.01% ... for people who prefer to keep their savings at a traditional bank. Savings accounts are safe and secure ...