Skip to Main Content

Savings

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

Explore savings basics

A woman does her budgeting.
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.

Arrow Right Icon
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.

Image for Best money-saving apps
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.

Arrow Right Icon
Bankrate logo

Weekly Savings Rates

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

Bankrate Partner Average

4.01%APY
VS

National Average

0.58%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

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

Woman sitting in a chair with her laptop open on her lap. She is holding a mug in her right hand.
Most savers aren’t moving money despite 4 percent rates being available. This inertia could cost thousands in lost interest income.
Mature woman helps her daughter study for exam
Fed officials indicate that interest rates will remain steady at its next meeting.
Caucasian woman and African American man sit at kitchen counter with breakfast working with pen, paper and laptop
Budgeting may be unpopular, but it’s important to know where your money is going.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
Smiling woman talking with someone
Saving $1,000 need not be a daunting task. Here are 11 ways to do so.
A woman does her budgeting.
The amount of money you should save each month will vary based on your goals. Here’s what to know.
Illustration of construction workers on a roof
An emergency fund is an essential part of a solid financial plan.
Image of a person's hands holding an open walled and pulling money from it.
Bank consolidation often leads to lower deposit rates. Here’s what the current merger boom means for your savings and how to respond.
A young female researches on her phone.
Here’s the lowdown on no-penalty CDs, and how they differ from regular CDs.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
Person looking at smartphone
The best account to save your money will vary by your goal.
Bank teller with customer
These credit unions offer great rates and top-notch features — and many make it easy to join.
Woman smiling at cash on a cloud
Lay away cash for an emergency or short-term goals with a money market mutual fund.
Man in home office online banking
These tips can help you manage your money more wisely and make you a bit richer.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
Woman looking at phone
Find the right business savings account to help your company’s money grow.
A young female researches on her phone.
Here’s the lowdown on no-penalty CDs, and how they differ from regular CDs.
Woman studying a document and working on a laptop
Here’s how multiple savings accounts can help you reach your financial goals.
FDIC building in Washington DC
One of the most ubiquitous signs in a bank is “Member FDIC.” Here’s what it means.
person using mobile phone leaning on railing
A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Those who apply for this account sometimes have past issues such as an unpaid [...]
woman looking at her phone while walking outside
Top savings APYs remain above 4%, with plenty of account options to choose from.
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.
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
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc