Find out how much you could earn with today’s savings rates. Interest rates on savings accounts have been falling, so it’s important to be sure you’re getting the best rate possible when shopping around for a savings account. The following is a breakdown of savings interest rates today and where to find the best offers. Overview of savings interest rates today The national average savings account rate stands at 0.39%, according to the FDIC. This might not seem like much, but consider that three years ag ...

When saving for a rainy day or a major purchase like a home or car, you might consider opening a high-yield savings account (HYSA). These accounts operate almost identically to traditional savings accounts, except for one major detail: the interest they earn. Many high-yield savings accounts earn 10 times or more interest than a typical savings account. And while opening a high-interest savings account should feel familiar to you if you've opened a savings or checking account before, informing yourself ca ...

Find out how much you could earn with today’s savings rates. Interest rates on savings accounts have been falling, so it’s important to be sure you’re getting the best rate possible when shopping around for a savings account. The following is a breakdown of savings interest rates today and where to find the best offers. Overview of savings interest rates today The national average savings account rate stands at 0.39%, according to the FDIC. This might not seem like much, but consider that three years ag ...

Known for moderate earnings and minimal risk, certificates of deposit (CDs) aren’t exactly exciting — but that doesn’t mean you should overlook them. Though rates started dropping toward the end of 2024, CDs can still offer a good bang for your buck: Some of the highest-yielding CDs are currently earning more than 4% APY. If you’re looking for a deposit account that offers competitive returns and the safety of FDIC insurance, consider opening a CD. Not convinced? Read on to find out how much you could ear ...

Overview of Savings Interest Rates - The national average savings account rate is currently 0.39%, a significant increase from 0.06% three years ago [2] - Despite the low national average, some top savings accounts are offering rates as high as 4% APY [2] High-Yield Savings Accounts - As of January 4, 2026, the highest savings account rate available is 4% APY, offered by institutions such as SoFi, Valley Bank Direct, and Barclays [3] - The interest earned from a savings account is determined by the annual percentage rate (APY) and the frequency of interest compounding, which is typically daily [3] Interest Earnings Examples - A deposit of $1,000 at the average interest rate of 0.39% would yield a total of $1,003.91 after one year, resulting in $3.91 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 deposit to $1,040.81, earning $40.81 in interest over the same period [4] Impact of Deposit Amounts - Increasing the deposit amount significantly boosts potential earnings; for example, a $10,000 deposit in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, earning $408.08 in interest [5]

Overview of Savings Interest Rates - The national average savings account rate is currently 0.39%, a significant increase from 0.06% three years ago [2] - Despite the low national average, some top savings accounts are offering rates as high as 4% APY [2] Comparison of Interest Earnings - A $1,000 deposit at the average interest rate of 0.39% would yield a total of $1,003.91 after one year, resulting in $3.91 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 deposit to $1,040.81, earning $40.81 in interest over the same period [4] Impact of Deposit Amount on Earnings - Depositing $10,000 in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, yielding $408.08 in interest [5]

Core Points - The Axos ONE® Checking account has a base APY of 0.00% and the Axos ONE® Savings account has a base APY of up to 1.00% [2] - Promotional APY is available for both accounts if specific criteria are met during the Qualification Period, which runs from the first business day of the month to the 25th [3] - To qualify for the promotional APY, the Axos ONE® Checking account must meet either of two sets of requirements related to direct deposits and average daily balance [7] Qualification Criteria - Option 1 requires monthly qualifying direct deposits of at least $1,500 and an average daily balance of at least $1,500 [7] - Option 2 requires monthly qualifying deposits of at least $5,000 and an average daily balance of at least $5,000 [7] - If the requirements are met, the Axos ONE® Checking account earns a promotional rate of 0.51% APY and the Axos ONE® Savings account can earn up to 4.31% APY for that statement cycle [7] Account Status - Both accounts must be open and active on the 25th of the month and on the date interest is paid to qualify for the promotional APY [6] - If either account closes during the Qualification Period, neither account will be eligible for the promotional APY for that cycle [6] Deposit Types - Qualifying deposits include ACH transfers, inbound wire transfers, and check deposits, while internal transfers and interest payments do not qualify [5][4]

Core Points - The Axos ONE® Checking account has a base APY of 0.00% and the Axos ONE® Savings account has a base APY of up to 1.00% [2] - Promotional APY is available for both accounts if specific criteria are met during the Qualification Period [3][6] - The promotional APY for the Axos ONE® Checking account can reach up to 0.51% and for the Axos ONE® Savings account up to 4.31% when requirements are satisfied [6] Qualification Criteria - To qualify for the promotional APY, the Axos ONE® Checking account must receive monthly qualifying direct deposits of at least $1,500 or maintain an average daily balance of at least $1,500 [6] - Alternatively, the account can qualify by receiving monthly qualifying deposits of at least $5,000 or maintaining an average daily balance of at least $5,000 [6] - Both accounts must remain open and active on the 25th of the month to receive the promotional APY for that statement cycle [7] Deposit Types - Qualifying deposits include ACH transfers from external accounts, inbound wire transfers, and check deposits [5] - Direct deposits must be electronic deposits of paychecks or government benefits; other types of deposits do not qualify [4] - Internal transfers, interest payments, promotional bonuses, and refunds are not considered qualifying deposits [5]

Core Insights - The national average savings account interest rate is currently 0.4%, a significant increase from 0.06% three years ago [2] - Some high-yield savings accounts are offering rates as high as 4% APY, with the highest available rate being 4.3% APY from SoFi [2][3] Summary of Savings Interest Rates - The national average savings account rate is 0.4% as reported by the FDIC, which is low compared to other investment options [2] - The best savings rates available today can reach up to 4% APY or higher, indicating a competitive market for savings accounts [2] Interest Earnings Example - A deposit of $1,000 at the average interest rate of 0.4% would yield a total of $1,004.01 after one year, resulting in $4.01 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 deposit to $1,040.81, earning $40.81 in interest over the same period [4] Impact of Deposit Amount - Increasing the deposit amount significantly affects the interest earned; for example, a $10,000 deposit in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, earning $408.08 in interest [5]

Core Insights - The national average savings account interest rate is currently 0.4%, a significant increase from 0.06% three years ago [2] - Some high-yield savings accounts are offering rates as high as 4% APY, with the highest available rate being 4.3% APY from SoFi [2][3] Summary of Savings Interest Rates - The national average savings account rate is 0.4% as reported by the FDIC, which is low compared to other investment options [2] - The best savings rates available today can reach up to 4% APY or higher, indicating a competitive market for high-yield savings accounts [2] Interest Earnings Example - A deposit of $1,000 at the average interest rate of 0.4% would yield a total of $1,004.01 after one year, resulting in $4.01 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 deposit to $1,040.81, earning $40.81 in interest over the same period [4] Impact of Deposit Amount - Increasing the deposit amount significantly affects the interest earned; for example, a $10,000 deposit in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, earning $408.08 in interest [5]