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 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

Here’s how to earn more interest with a high-yield savings account.

Interest is the price you pay to borrow money or the cost you charge to lend money.

Mature woman helps her daughter study for exam

High-yield savings rates fluctuate over time. Let’s explore what causes that.

Split direct deposit is a simple way to painlessly boost your savings.

Over 1 in 3 people tapped emergency savings in the past year, per a new Bankrate survey.

There are ways to access your money and ultimately spend it. Here’s how.

Older couple on a couch, smiling, looking at a laptop

Verizon and Openbank announced a partnership on Tuesday that gives Verizon customers a way to save money on their bill if they have an Openbank High Yield Savings account. Verizon customers can save money [...]

illustration of hammer with box with red health cross sign on it and a stack of cash

Emergency savings depleted? Here’s how to start replenishing it.

Man working on laptop and drinking coffee

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.

Business women discussing project at table in modern office

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.

Person working at table with computer, drinking coffee and looking at smartphone

Learn why you need to check your APY.

Image by GettyImages, Illustrated by Bankrate

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

young man falling out of the sky along with various household items and cash

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.

CD rates may seem attractive, but in 2025’s uncertain environment, they create a lose-lose scenario that could cost you money.

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.

Financial manager meeting with couple in bank branch office

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

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