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 ...

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 ...

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 ...

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

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 ...

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 ...

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 ...

Choose your own adventure: Earn interest or airline miles with Bask Bank’s high-yield online savings accounts ... much higher rates than you’d ever find at most full-service traditional ...