Best interest rate on savings accounts

The average interest rate on a savings account is 0.1 percent APY. Fortunately, many banks and online institutions offer high interest savings account rates well above that average. The best savings accounts should come with great customer service, cutting-edge technology and higher-than-average interest rates, and they should have low or no fees. NerdWallet staff analyzed, compared and rated dozens of banks and credit unions before selecting the savings accounts

Interest rates on savings accounts vary greatly, which means you need to shop around to find your best rate available. It’s possible to find rates reaching well past 2%, while the average savings account rate stands at around 0.27% (as of February 2020). This is why we check rates daily at more than 5,000 U.S. banks and credit unions, to make it easy for you to gain the best possible return on your savings. The best online savings accounts provide consumers with interest rates that are, on average, 1.47 percentage points higher than the rates offered by traditional brick-and-mortar banks as of March 2020. What to do: Apply for your first Discover Online Savings Account by 10/7/19, 11:59 PM ET, online or by phone. Enter Offer Code NW919 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Savings accounts. Times are hard for savers and have been since the financial crisis in 2008, with historically low interest rates. Ideally you want to make sure you get the best rates you can, with an account that suits how you want to access and run it. Fixed-rate bonds are savings accounts that usually pay a set rate of interest, agreed at the beginning, for a certain period of time. They generally offer higher interest rates than easy access accounts, especially if you opt for a fixed-rate bond that lasts for two years or more. They come with terms and conditions, however.

11 Mar 2020 Our Guide to the Best Savings Account Rates And when you compare interest rates, it's easy to see how handsomely this flexibility pays off.

Perks: Along with a high interest rate, the savings account product from Marcus comes with easy-to-meet  Find the best interest rate savings accounts & maximise your returns with Martin Lewis' guide. Includes the top easy access and fixed-rate accounts to help you  Banks commonly use them as advertising tools, promising higher than usual interest rates (the top ones pay 2.75%) to grab your custom – many of them are linked  1190 products What is a Savings Account? As well as a secure place to store your savings, savings accounts offer a rate of interest on the cash you deposit,  You can easily open a time deposit account through Internet Banking and earn more with the advantageous interest rates exclusive to Internet Banking.

1114 results Looking for a high interest savings account? We compare every UK savings account so you can find the best savings interest rate and make your 

Culled from our weekly rate research on more than 200 banks and credit unions that offer nationwide savings accounts, even the tenth-best rate on the list pays 1.85% APY. The Citi® Accelerate Savings account is a user-friendly high-yield account that pays 12 times the national savings account average – up to 1.85% APY in select markets. Earn higher rates as your balance grows and automate your savings with Citi’s Auto Save feature to get there faster.

Tiered Savings. As your account balance grows, your interest rate has the potential to increase too. See today's rates 

Compare interest rates for CDs, savings and money market accounts across thousands of banks and credit unions. Find the highest yields for your spare cash and open an account today. The best savings accounts pay several times more interest than average accounts. Plus, banks with the best savings account interest rates tend to stay among the leading banks for a long time, so choosing one of these banks can pay off for you year after year. MoneyRates.com makes it easy to start earning more money. High-interest savings accounts, also often called high-yield savings accounts, offer an interest rate much higher than the national average. With many online savings accounts, for instance, you can easily earn an interest rate of 1.90% APY or higher. That’s much higher than the national average of 0.09% as of December 2018. The best high-yield online savings accounts offer great rates and a safe place to keep your money. Here is a look at NerdWallet's favorites. Summary of best high-yield online savings accounts. HSBC Direct - 1.85% APY. BrioDirect - 1.85% APY. Vio Bank - 1.85% APY. Popular Direct - 1.80% APY. UFB Direct - 1.80% APY. Live Oak Bank - 1.75% APY. CIT Bank - 1.75% APY. American Express National Bank - 1.70% APY. Marcus by Goldman Sachs - 1.70%

The higher the interest rate, the faster your The best option is a no-fee savings account 

6 days ago Savings Accounts Calculator. Compare interest rates, fees, features and more from 70+ lenders. Initial deposit. $. Monthly deposit. $. Period. Turn your savings into something with an Online Savings Account from Discover. We offer high Grow your money with a savings account interest rate over 5x the National Savings Average. Opens modal in interest. Compare other banks.

The average interest rate on a savings account is 0.1 percent APY. Fortunately, many banks and online institutions offer high interest savings account rates well above that average. The best savings accounts should come with great customer service, cutting-edge technology and higher-than-average interest rates, and they should have low or no fees. NerdWallet staff analyzed, compared and rated dozens of banks and credit unions before selecting the savings accounts Culled from our weekly rate research on more than 200 banks and credit unions that offer nationwide savings accounts, even the tenth-best rate on the list pays 1.85% APY. The Citi® Accelerate Savings account is a user-friendly high-yield account that pays 12 times the national savings account average – up to 1.85% APY in select markets. Earn higher rates as your balance grows and automate your savings with Citi’s Auto Save feature to get there faster. Interest rates on savings accounts vary greatly, which means you need to shop around to find your best rate available. It’s possible to find rates reaching well past 2%, while the average savings account rate stands at around 0.27% (as of February 2020). This is why we check rates daily at more than 5,000 U.S. banks and credit unions, to make it easy for you to gain the best possible return on your savings. The best online savings accounts provide consumers with interest rates that are, on average, 1.47 percentage points higher than the rates offered by traditional brick-and-mortar banks as of March 2020. What to do: Apply for your first Discover Online Savings Account by 10/7/19, 11:59 PM ET, online or by phone. Enter Offer Code NW919 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus.