Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

How much interest you can earn, however, depends on where savings rates currently stand.

The highest savings rates land between 4% to 5% APY ... If I'm searching for an interest-earning bank account, I'll pay attention to interest rates. I would make sure the account pays a higher ...

Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at ...