Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates ...

The average savings account yield is 0.63% as of Dec. 19, according to a Bankrate survey of 500 financial institutions. If ...

It's the last day of 2025, and top high-yield savings accounts still pay up to 5.00% APY, but those yields could decrease ...

Public Provident Fund (PPF): Public Provident Fund is a long-term savings scheme backed by the government and suitable for ...

Traditional bank accounts now offer minimal interest, while investing in a volatile market like stocks can be risky and ...

Learn what the stated annual interest rate is and how to calculate it without compounding, plus how it compares to the effective annual rate.

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 ...

Tony Armstrong leads the banking team at NerdWallet. He has covered personal finance for over a decade. Tony began his NerdWallet career as a writer and worked his way up to editor and then to head of ...

Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.