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The average savings account isn’t paying much: The average national deposit rate for savings accounts has plateaued at a dismal 0.40%, according to the latest government data. Furthermore, the CME Group’s FedWatch tool is predicting more rates cuts for ...

This savings account earns a competitive rate and does not charge monthly fees. However, it requires a minimum opening balance of $500. You can access banking features, including checking your balance and initiating online transfers, via the Openbank ...

Joel O’Leary is a full-time Personal Finance Writer at Motley Fool Money, covering credit cards, bank accounts, investing, mortgages, and other personal finance topics. Joel has been writing about personal finance since 2018, previously leading editorial ...

While the average rate that savings accounts are paying is an abysmal 0.42%, according to the latest government data, some pay far more. Indeed, just about all of the most-recommended options are still touting yields at nearly 10 times the national average ...

Santander’s online division has a high-yield savings account, and the rate is notable. Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our ...