Learn how a lot you may earn with immediately’s financial savings charges. Rates of interest on financial savings accounts have been falling, so it’s vital to make sure you’re getting the perfect fee potential when buying round for a financial savings account. The next is a breakdown of financial savings rates of interest immediately and the place to search out the perfect provides.
The nationwide common financial savings account fee stands at 0.39%, in accordance with the FDIC. This won’t look like a lot, however think about that three years in the past, it was simply 0.06%.
Though the nationwide common financial savings rate of interest is pretty low in comparison with different investments, the perfect financial savings charges available on the market immediately are a lot larger. In actual fact, a few of the high accounts are presently providing 4% APY and up.
As of December 28, 2025, the very best financial savings account fee accessible from our companions is 4% APY. This fee is obtainable by SoFi.*
Here’s a have a look at a few of the greatest financial savings charges accessible immediately from our verified companions:
The quantity of curiosity you’ll be able to earn from a financial savings account is determined by the annual share fee (APY). It is a measure of your whole earnings after one yr when contemplating the bottom rate of interest and the way typically curiosity compounds (financial savings account curiosity usually compounds every day).
Say you place $1,000 in a financial savings account on the common rate of interest of 0.39% with every day compounding. On the finish of 1 yr, your stability would develop to $1,003.91 — your preliminary $1,000 deposit, plus simply $3.91 in curiosity.
Now let’s say you select a high-yield financial savings account that provides 4% APY as a substitute. On this case, your stability would develop to $1,040.81 over the identical interval, which incorporates $40.81 in curiosity.
The extra you deposit in a financial savings account, the extra you stand to earn. If we took our similar instance of a high-yield financial savings account at 4% APY, however deposit $10,000, your whole stability after one yr could be $10,408.08, which means you’d earn $408.08 in curiosity.
Learn extra: What is an effective financial savings account fee?
*Earn as much as 4.30% Annual Proportion Yield (APY) on SoFi Financial savings with a 0.70% APY Enhance (added to the three.60% APY as of 11/12/25) for as much as 6 months. Open a brand new SoFi Checking & Financial savings account and enroll in SoFi Plus by 1/31/26. Charges variable, topic to vary. Phrases apply at sofi.com/banking#2. SoFi Financial institution, N.A. Member FDIC.
