Category: CDs & Yields
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The average American savings account pays 0.38 percent, while a one-year CD pays 1.71
The average savings account at an American bank pays 0.38 percent a year. A one-year certificate of deposit across the same universe of institutions pays 1.71 percent, roughly four and a half times as much. Both figures come from the same federal table, published the same morning, and the distance between them is the whole…
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The Fed may raise rates in September, but top CDs already pay about 4.5%
For most of the past year the story on interest rates was that they were heading down, and savers were told to lock in yields before they fell. The picture has shifted. After cutting rates late in 2025, the Federal Reserve has held steady through 2026, and with inflation and oil prices climbing again, markets…
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Some banks are quietly cutting savings rates, so locking a one-year CD near 4.4% now can protect your yield
The best savings rates in years have been quietly slipping, and the accounts paying them are usually the ones that let you walk away anytime. That flexibility is nice until the rate drops out from under you. For savers who do not need every dollar liquid, locking part of a cushion into a one-year certificate…
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The average savings account pays 0.38% while the best CDs still top 4%, a gap quietly draining savers
Two savers can hold the exact same $10,000 and earn wildly different amounts on it, and the only difference is where the money sits. The typical savings account in America pays a rate so low it barely registers, while the best certificates of deposit still pay more than ten times as much. That spread is…
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Capital One’s old 360 Savings once paid 0.30% against 4.35% next door, and on August 4 the rates finally matched
For households following Capital One’s legacy savings account finally received the rate treatment at the center of its lawsuit, the key issue is where the money moves and which official record controls. The latest primary record supplies a concrete answer about Capital One’s legacy savings account finally received the rate treatment at the center of…
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The Fed’s hold Wednesday keeps savings yields and card APRs flat, and three officials dissented for a hike
A quarter of the officials voting at the Federal Open Market Committee’s July meeting declined to sign the statement their colleagues released Wednesday afternoon, and all three of them wanted rates moved in the same direction. Not down. Up. The Committee’s decision to leave its benchmark alone carried by a 9 to 3 vote, and…
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I bonds pay 4.26% through October 31, with a $10,000 annual purchase limit.
Series I savings bonds are offering a government-backed way to earn an inflation-linked return without watching a market price move every day. The current terms can be useful for money that will not be needed soon, but the rate, purchase ceiling and withdrawal rules all matter before a household moves cash. What the 4.26% rate…
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CD Ladders for Beginners: How the Rungs Work
A CD ladder splits your savings across staggered maturity dates, so money comes free every year while most of it earns longer-term rates. The mechanics, step by step.
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Where Savings Rates Go After the Fed’s June Meeting
The Fed held rates at 3.5%-3.75% again on June 17. Here’s what that means for savings accounts and CDs, and the numbers to check before you move money.
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Old Savings Bonds Stop Earning: How to Cash Them In
Savings bonds stop earning interest after 30 years. Here is how to check a drawer full of paper bonds, use Treasury Hunt, and cash them in the right way.