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     Forbes

     High-Yield Savings Account Rates Today: May 14, 2024

     Rates on savings accounts are going up. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at some of ...

     7 days ago

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     CNN.com

     The highest savings account rates today - May 20, 2024

     16 hours ago

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     AOL

     Savings interest rates today: Multiply your money at 10x the average APY — May 20, 2024

     15 hours ago

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     CNET

     Best Savings Rates Today – Act Now to Earn More With One of These Savings Accounts, May 20, 2024

     14 hours ago

   • USA Today

     Today's top savings account rate roundup: Top rates remain mostly steady — May 20, 2024

     20 hours ago

   • CBS News

     Is a $10,000 deposit into a high-yield savings account worth it?

     12 hours ago

   • USA Today

     Today's top money market account rate roundup: Rates move higher — May 20, 2024

     21 hours ago

   • CNN.com

     Best CD rates for May 20, 2024

     16 hours ago

   • AOL

     Daily mortgage rates for May 20, 2024: Average rates inch down on 30-year, 15-year terms to open week

     17 hours ago

   • CNN.com

     Current money market account rates today - May 20, 2024

     16 hours ago

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2. www.bankrate.com › average-savings-interest-ratesAverage Savings Account Interest Rate For May 2024 | Bankrate

   www.bankrate.com › average-savings-interest-rates

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   5 days ago · The national average yield for savings accounts is 0.6 percent APY as of May 18, 2024, according to Bankrate’s most recent survey of institutions. Many online banks have savings interest...

3. www.forbes.com › average-savings-interest-ratesAverage Savings Account Interest Rates Of May 2024 - Forbes

   www.forbes.com › average-savings-interest-rates

   • Cached

   May 7, 2024 · A $10,000 deposit at the current average savings rate of 0.46% would grow to $10,046 after one year. Average Interest Rate of a Savings Account. APY Comparison. When shopping for a savings...

4. People also ask

   What is the average APY for a savings account?

   • The national average yield for savings accounts is 0.58 percent APY as of May 11, 2024, according to Bankrate’s most recent survey of institutions. Many online banks have savings interest rates higher than the national average savings account interest rates. The higher the rate, the more interest you’ll earn on your savings.

   Average Savings Account Interest Rate For May 2024 | Bankrate

   www.bankrate.com/banking/savings/average-savings-interest-rates/

   See all results for this question

   What is the average savings rate?

   • The national average savings rate for savings accounts is 0.46%, per the FDIC, but you can find savings accounts that offer 10 times the national average. On the other hand, there are savings accounts, particularly those at large national banks, that earn only 0.01%. Why savings rates are important.

   Average Bank Interest Rates for Savings Accounts, CDs and More

   www.nerdwallet.com/article/banking/average-rates-for-deposit-accounts

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   What is the best interest rate for a savings account?

   • The highest savings rate on this list is currently 5.35%. To compare, the highest interest rates are significantly better than the national average of 0.46%. Finding one of the best interest rates today for a savings account can mean the difference between your savings account earning a decent chunk of cash or only a few dollars in a year.

   6 Best Savings Account Rates of May 2024 (Up to 5.35%) - NerdWallet

   www.nerdwallet.com/best/banking/savings-rates

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   How much money can a high interest rate savings account make?

   • Money in a high interest rate savings account grows quicker. A deposit of $10,000 would earn about $45 after a year in an account with a 0.45% APY, which is close to the national average rate of 0.46%. But that same deposit would earn about $500 in an account with a 5% APY. Look for accounts that have the highest APY you can earn.

   6 Best Savings Account Rates of May 2024 (Up to 5.35%) - NerdWallet

   www.nerdwallet.com/best/banking/savings-rates

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5. www.nerdwallet.com › best › banking6 Best Savings Account Rates of May 2024 (Up to 5.35%)

   www.nerdwallet.com › best › banking

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   The best savings account interest rates today hover around 4.5% and 5%. The highest savings rate on this list is currently 5.35%. To compare, the highest interest rates are significantly...

   • Occupation: Senior Writer

6. www.nerdwallet.com › best › banking7 Best Savings Accounts of May 2024 (Up to 5.27%) - NerdWallet

   www.nerdwallet.com › best › banking

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   4 days ago · The best savings account interest rates are around 5%. At a brick-and-mortar bank, you'll often find savings rates closer to the national average, which is currently 0.46% .

7. Videos

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     1:50

     youtube.com

     How Does Savings Account Interest Work?

     Oct 10, 2017

     650K Views

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     1:00

     youtube.com

     The Best Savings Account Rates (February 2024)

     Jan 31, 2024

     97 Views

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     11:57

     youtube.com

     Where Did Americans’ Savings Go?

     Apr 27, 2023

     1.1M Views

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8. www.forbes.com › best-high-yield-savings-accountsBest High-Yield Savings Accounts For May 2024 - Forbes

   www.forbes.com › best-high-yield-savings-accounts

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   5 days ago · The best high-yield savings rates currently range from 4.50% APY to 5.35% APY—far higher than the national average savings account rate of 0.46%, according to the Federal Deposit Insurance...

9. www.nerdwallet.com › article › bankingAverage Bank Interest Rates for Savings Accounts, CDs and ...

   www.nerdwallet.com › article › banking

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   May 17, 2023 · Average Bank Interest Rates for Savings Accounts, CDs and More. These are the current national average rates for savings, interest checking, certificates of deposit and money market...