Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.42%. That rate is much higher than it was prior ...
CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...
Use our savings calculator to run your numbers. Savers seeking the alluring 7% interest rate might be disappointed. Finding a savings account that offers over 5% is rare, even in this environment.