They may also have tiered interest rates, meaning customers with larger balances earn higher rates. The verdict: If you want your savings account to come with checks or a debit card, an MMA might ...

The Fed made three cuts to its benchmark interest rate in late 2024. It lowered the federal funds rate by half a percentage ...

CNBC Select will update as changes are made public. A savings account's annual percentage yield, or APY, determines the amount of interest an account holder earns in a year. This is an important ...

meaning your savings' growth is quite limited. Some of the 6% interest savings accounts on this list are also offered by credit unions, which means they're not widely available to everyone.

A high-yield savings account helps your balance grow by paying above-average interest rates. But how much money should you ...