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

4.03%APY
VS

National Average

0.60%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

Money next to flashing sirens
Over 1 in 3 people tapped emergency savings in the past year, per a new Bankrate survey.
A student withdraws cash at an ATM.
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.
Woman sitting on her couch, looking at her laptop
There are a handful of numbers you should track for your financial health and well-being. A few you might already know about – your credit score and your net worth, for example. But you should also know [...]
Two happy people looking at sheets of paper
As the old saying goes: What goes up, must come down. But in the case of annual percentage yields (APYs), we might have a bit more air time. While APYs on deposit accounts may have come down from their [...]
comical illustration of money being injected via medial equipment
Here’s what you need to know about tapping into your emergency fund.
Aerial View of The White House at 1600 Pennsylvania Avenue and Lafayette Square, Washington DC, USA.
After facing a rent increase, I’m moving to Washington, D.C. to save $24,000 over two years.
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.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
A man researches online.
Looking for a place to park your savings? Here’s why a MMA might be appealing.
Woman using mobile phone at the bar
These accounts sound similar, but there are some key differences to know.
A guide to mutual funds
Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
Capital One Bank signage in New York City
Banks are cutting overdraft fees in response to consumers and regulators’ demands.
woman working on a laptop
CDs can be a useful tool to save, but make sure to shop around for the right kind and bank for you.
lots of coins and cash in a pile
Coins sitting around in an overloaded jar could be put to better use. Here’s how.
sleeping child and grandma rest on travel adventure for family bonding
Saving for your grandchildren can help to minimize the financial burdens they face down the road.
Rainy day and emergency funds differ but together provide a sound financial plan.
Man using tablet PC while having coffee at cafe
Use these strategies to keep your deposits safe when they top FDIC limits.
Women checking amount in bank account passbook with bank statement
Here are a few different ways to see how much money you have in your bank account.
Daughter and father using mobile phone
Several banks continue to offer savings accounts well above 4 percent APY.
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc