High-yield savings accounts are paying up to 5.00% APY today following another Fed rate cut last week -- compare the top ...

The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

Not all checking accounts pay interest. Among those that do, the numbers are pretty dismal — the average only pays 0.07%, according to the latest government data. Despite those low returns, dozens of ...

The highest APY available changes frequently. As of December 10, 2025, Digital Federal Credit Union offers 5.00% APY on the first $1,000 deposited. Other institutions offer up to 4.60%, according to ...

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Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. If you want to set aside your savings but are worried you ...

Banking fees can quickly add up and eat away at any interest earned on a savings account. Fortunately, there are a number of FDIC-insured savings accounts that offer no fees whatsoever — zero monthly ...

APY for savings accounts sits at just 0.40%, you can find rates on the market at 10 times that — or more. (You can see some ...