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Savings

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

Explore savings basics

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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.

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SAVINGS

Bank accounts with budgeting tools

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

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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.

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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.

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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

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

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.

Latest articles

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The amount varies by individual, but there are guidelines.
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Here are scenarios for when each choice – paying down debt or saving – makes more sense.
Young family managing budget and paying bills and taxes
Barely above the poverty line, ALICE households struggle to make ends meet.
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.
Woman taking safety deposit box out
Some items are good candidates for storage in a safe deposit box, but others aren’t.
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Don’t let these financial mistakes prevent you from reaching your financial goals.
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If you’re struggling to pay off debt and build savings, you’re not alone.
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Knowing a savings bond’s value can help you decide whether to hold it or redeem it.
A man researches online.
Looking for a place to park your savings? Here’s why a MMA might be appealing.
A young woman researches on her phone at a cafe.
Short answer? Yes. Here’s what you need to know.
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Money market funds are available from several different brokers and fund managers.
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These accounts sound similar, but there are some key differences to know.
Asian women using laptop computer at home working space.
CD terms can range from three months to five years. Learn which one is right for you.
A young female researches on her phone.
Here’s everything you need to know about no-penalty CDs.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
A guide to mutual funds
Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
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CDs and fixed annuities can be great retirement options. Here are the differences.
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If you’re struggling to save money right now, you’re not alone. Here’s how a few easy changes can help.
A man uses the Qapital app to save money.
Build up your savings by automatically setting aside small amounts of money.
A couple budgets together.
Not having success with your savings? A budget can make things a little easier.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Comparing savings rates can ensure you get the best return on your savings.
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You might not feel better about inflation because prices are still up post-pandemic.
Woman reaching in to the air for cash
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
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