Best Savings Account Rates The highest interest rate on a savings ... Savings rates hit a historic high in 2023 following years of the Fed raising rates, topping out around 5.5% APY.

It wasn’t that long ago you’d have been lucky to receive a 1.00% APY from even the best high-yield savings accounts. That’s because the Fed kept interest rates at almost zero for the better ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

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

Our picks for the best savings ... a competitive rate and no monthly fees. The bank earned top marks for overall customer satisfaction for savings providers in the J.D. Power 2023 U.S. Direct ...

But right now there are no signs rates will be dropping anytime soon, and the Fed says it will continue rate hikes in 2023 ... Currently, the best high-yield savings accounts offer rates of ...

They may fluctuate (up or down) as the Fed rate changes. CNBC Select will ... for more information on how we choose the best high-yield savings accounts.) Best high-yield savings accounts Best ...