High-yield savings account rates today
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New interest rate data released this week by the Federal Deposit Insurance Corporation (FDIC) reiterated a depressing statistic: The average interest rate on a traditional savings account is barely noticeable. At just 0.40% right now, savers would only ...
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term.
Top CDs today offer up to 4.27% APY, making now a smart time to lock in a solid return before rates move lower.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But with rates on these accounts variable and the chances of additional rate cuts in the months ahead high, some savers may find ...
Deciding how to use a holiday bonus depends on interest rates, loan terms, and savings needs. Here’s how to choose the option that puts you ahead.
Joel O’Leary is a full-time Personal Finance Writer at Motley Fool Money, covering credit cards, bank accounts, investing, mortgages, and other personal finance topics. Joel has been writing about personal finance since 2018, previously leading editorial ...
The Openbank Savings account is an online high-yield savings option that has no monthly fees. You can access banking features, including checking your balance and initiating online transfers, via the Openbank mobile app. You’ll need at least $500 to open ...