Savings

Bankrate helps you find the latest deals on savings accounts and learn strategies to maximize your yield.

Explore savings basics

The amount of money you should save each month will vary based on your goals. Here’s what to know.

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It’s a low interest rate environment, but there are ways to earn more on your money.

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Most people know they should be saving a portion of their income, but they might not grasp all of the benefits of doing so. Saving is an important habit to get into for a number of reasons — it helps [...]

Build good budgeting habits

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52-week money saving challenge

Follow this plan of making weekly deposits into your bank account, and you could save $1,378 by the end of the year.

SAVINGS

Bank accounts with budgeting tools

Choose a bank account that helps you develop healthy spending habits with built-in digital budgeting tools.

SAVINGS

Ways to save money on a tight budget

Even on a limited budget, small intentional changes can go a long way to help you build a savings cushion and have greater peace of mind.

SAVINGS

Best money-saving apps

Read up on top available rates and national average trends over time from Bankrate’s weekly survey of banks and credit unions.

Weekly Savings Rates

Bankrate consistently has offers well above the national average to help you earn more on your savings.

See our top savings account rates

Bankrate Partner Average

The "Bankrate Partner average" is calculated from the average of the top savings account offers from the institutions we track, included on this page as of 05/15/2025. "National average" is determined by Bankrate's comprehensive national survey of savings accounts and CDs.

4.05^%_APY

National Average

0.59^%_APY

Experts in all things banking

Our expert writers and editors bring you timely news and reliable information - backed by data and first-hand experience.

About Bankrate's team

Greg McBride, CFA

Chief Financial Analyst

Sarah Foster

Principal U.S. Economy Reporter

Mark Hamrick

Senior Economic Analyst

See how much your savings can grow

Bankrate can help you capitalize on the current high interest rate environment. Enter your expected contributions and APY to see how much interest your savings could earn over time.

Learn more

Latest articles

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Comparing savings rates can ensure you get the best return on your savings.

Image by GettyImages, Illustrated by Bankrate

The APY percentage shows how much an account earns per year. Here’s what you need to know.

Focused young woman entering banking credit card information in computer application, making household payments online, booking flight tickets or hotel, purchasing goods or confirming transaction.

APYs on high-yield savings accounts remain competitive after Fed rate decision.

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Get the latest rates on top-yielding money market accounts.

Woman working from home with a child in the background

A new Bankrate analysis shows mothers earned 31 percent less in wages than fathers in 2023.

Image by Getty Images, Illustration by Bankrate

Recession risks are rising. Learn six smart savings strategies to protect your money before it hits.

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JPMorgan raises recession probability to 50%. Learn five practical steps to protect your savings before economic conditions worsen.

President Trump with a frown on his face

The term “Trumpcession” has been popping up in headlines this week, as economists and market watchers debate whether President Trump’s economic policies could trigger a downturn. But are we actually [...]

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Money market funds are available from several different brokers and fund managers.

A young woman researches on her phone at a cafe.

Short answer? Yes. Here’s what you need to know.

Our top 5 picks scored highly for access, range of products and digital options.

Earn more on your business cash with high-yield accounts offering competitive APYs.

Ally’s money market account offers a high APY, no minimum deposit or monthly fee.

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Business money market accounts offer higher yields while maintaining access to funds.

man and woman working together at a computer in an office

Find the right business savings account to help your company’s money grow.

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Learn why you need to check your APY.

Walk away with stacks of cash just for opening a checking or savings account.

Planning, finance and couple with paper and laptop for budget

These joint checking accounts are ideal for sharing finances with another person.

Comparing savings rates can ensure you get the best return on your savings.

The APY percentage shows how much an account earns per year. Here’s what you need to know.

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You might not feel better about inflation because prices are still up post-pandemic.

Image of former St. Louis Fed president, Jim Bullard

Powell is concerned tariffs could lead to more inflation. This former Fed official has a different view.

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.

Bank of America offers perks beyond basic banking, including museum passes, cash back deals and $300 new account bonuses.

The trusted provider of accurate rates and financial information

Savings

Explore savings basics

Build good budgeting habits

52-week money saving challenge

Weekly Savings Rates

National Average

Experts in all things banking

Compare top-rated banks

Review our top banks of 2025

See how much your savings can grow

Latest articles