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.

Woman working with business document and laptop on the table

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

Close up of someone hands holding and counting American dollar banknotes in her hand

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

TRY THIS

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 04/23/2025. "National average" is determined by Bankrate's comprehensive national survey of savings accounts and CDs.

4.08^%_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

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

Mom preparing financial paperwork at home while her child draws next to her

Single people and young families tend to have significantly less saved.

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

Woman sitting outside of restaurant looking at cell phone

Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.

Financial markets may drop lower, but APYs on high-yield savings remain high.

Women using digital tablet to check her finances at home office

Looking for a stable way to pay off your debts with money left to save? Read on.

If you have over $25,000 in your savings account, consider these strategies.

Easy mornings and working from home for this couple

Savings yields topping inflation could let you hold onto your purchasing power.

Here’s everything you need to know about no-penalty CDs.

How Reg. D impacts your savings account and why it pays to check with your bank.

Not sure how to get started investing with mutual funds? We’ll help you understand the basics.

Lay away cash for an emergency or short-term goals with a money market mutual fund.

Savings account and money market rate forecast

Expect savings and money market account yields to slide lower, but they still should outpace inflation.

These four types of bank accounts can help you meet your financial goals.

These tips can help you manage your money more wisely and make you a bit richer.

These banks are good choices for nonprofits. Here’s how to find one that serves your organization well

Bitcoin ATMs are becoming increasingly popular. Here’s everything you need to know.

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

A look at the best ways to avoid paying such extra charges.

Single people and young families tend to have significantly less saved.

Here’s everything you need to know about brokered CDs.

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

Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.

A young woman researches on her phone at a cafe.

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

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