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 05/24/2025. "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

Young student works on college campus using her laptop

For the first time, adult dependents are eligible for a coronavirus stimulus check.

Experts warn the IRS may be hard-pressed to send out checks starting in July.

House Speaker Nancy Pelosi speaks during a news conference about the $1.9 trillion coronavirus relief bill.

All federal coronavirus unemployment programs are set to be extended through Sept. 6.

A person passes a closed storefront in Patchogue, New York

Billions of dollars worth of wrongful unemployment payments have been paid out during the pandemic.

Here’s how these funds can help you achieve your goals.

Legislators will soon get to work on drawing up the next round of coronavirus relief.

Taking a close look at your tax status will be especially vital if you’re still in school.

Joe Biden is sworn in as U.S. President as his wife Dr. Jill Biden stands beside him.

Carefully managing your finances will be crucial, even if more aid is around the corner.

These accounts sound similar, but there are some key differences to know.

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

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.

Savings bonds are safe and easy to buy, but you can earn higher interest income elsewhere.

These accounts sound similar, but there are some key differences to know.

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.

Financial manager meeting with couple in bank branch office

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

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.

Young woman withdrawing money using phone at the ATM machine on the street in Budapest in Hungary.

Here are simple steps to take to avoid paying checking account fees.

Many Americans are ready for a vacation. Here’s how much you’ll spend to get away.

woman, using laptop while working from home

Top high-yielding savings accounts continue to handily outpace inflation.

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