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  1. The higher your savings account interest rate, the faster your balance will grow. You can find accounts with the highest rates in NerdWallet's list of the best savings accounts.

    • High-Yield Savings vs. Money Market Account
    • High-Yield Savings vs. Certificates of Deposit
    • Other High-Yield Savings Account Alternatives

    Money market accountsare deposit accounts that combine features of checking and savings accounts. You might earn interest the same way you would with a savings account. But you may also be able to write checks from your account or make purchases using a linked debit card. These are features you typically don’t get with a savings account. So, which ...

    Certificates of deposit (CDs)are similar to savings accounts in that you earn interest on your balance. The key difference is that money you deposit into a CD is locked up for a specific time period, such as three months or one year. If you withdraw your savings before the CD matures, you could forfeit some or all of the interest earned. The main b...

    Cash management accounts. Cash accounts are usually associated with taxable brokerage accounts, and these accounts are designed to hold money you plan to invest later or receive after selling inves...
    Investment accounts.These accounts are designed for investing in the financial markets. A brokerage account could yield a substantially better return than a savings account, but you risk losing you...
  2. Mar 22, 2024 · The Savings Maximiser is ING’s savings account with the highest interest rate, and it has received a ranking of 3.2 stars out of 5 from 96 customer reviews on ProductReview.

  3. The best savings account interest rates today hover around 4.5% and 5%. The highest savings rate on this list is currently 5.30%. To compare, the highest interest rates are...

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  4. 4 days ago · Compare savings accounts to find the best rates. Bankrate's experts have identified the highest savings account interest rates from top banks.

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  6. The ING Savings Maximiser has a standard variable interest rate of 0.55%, but if you can meeting monthly conditions, you could get a bonus rate of 4.95% p.a. (or 5.50% in total) which could help put you in the right direction to maximise those precious savings.

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