Some offers mentioned below are no longer available. Compound interest is a term you've probably heard of, but understanding just how it works can save you in the long run. A study that looked at ...
Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.42%. That rate is much higher than it was prior ...
Learn more about our advertising and trusted partners. Generally, savings accounts offer very low interest rates. So, if you want to earn on your deposits (rather than simply using your account ...
Savers can still snag interest rates above 4.25%. The average national interest rate for savings is 0.42%. Interest rates for savings accounts will continue to drop through the beginning of 2025.