With recent interest rate cuts from the Federal Reserve, Americans have seen many savings account rates fall. Now, the national average APY for savings accounts ranges between 0.39% to 0.42%, according to the FDIC.

CIT’s Platinum Savings account pays 3.75% APY on balances of $5,000 or more. If your balance dips below $5,000, it earns a paltry 0.25% APY. If you tend to carry high balances — at least $5,000 — this account is worth a look. If you don't plan to ...

If you're still keeping your money in a Wells Fargo savings account, you're missing out. Here's what to make hundreds more a year with one simple switch.

With banks and credit unions now touting high-yield options at nearly 10 times the dismal industry average of 0.38% APY for a savings account, Bankrate financial analyst and certified financial planner Stephen Kates says anyone in the market for a new ...

The Openbank Savings account is an online high-yield savings option that has no monthly fees. You can access banking features, including checking your balance and initiating online transfers, via the Openbank mobile app. You’ll need at least $500 to open ...

Savings accounts are still paying strong APYs—and some offers let you layer short-term bonuses on top to supercharge what you earn without taking more risk.

Having a savings account as a teenager can help young people get into the habit of saving money. Even if an account is opened with a very small amount, your teen’s money can grow as they add funds over time and earn compound interest. What’s more ...