Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts ...

Money’s Main Takeaways We found a wealth of high rates from traditional savings accounts. Many financial institutions offer interest rates between 4.50% and 5.26% — around 10 times more than the ...

Ready to open a savings account? Here’s what you’ll need to know.

The annual percentage yield (APY) is accurate as of January 8, 2025 and subject to change at the Bank’s discretion. Refer to ...

A new legislative proposal could soon give every American access to a flexible, tax-free way to build financial security. The Universal Savings Account (USA) Act, introduced this month in both ...

Although The Federal Reserve cut rates by 25 basis points at its meeting on Dec. 10, and the national average APY for savings accounts sits at just 0.40%, you can find rates on the market at 10 times ...

Throughout 2025, I tested a simple financial strategy that proved its worth. I opened multiple savings accounts and gave each one a job. One held my long-term savings, another covered everyday needs ...

Big banks like Wells Fargo or Bank of America still offer close to zero interest on standard checking and savings accounts -- about 0.01% APY. That means if you have $10,000 sitting in one of those ...