What are today's savings interest rates?

High-yield savings accounts from online banks are immoderate of the champion options for scoring a large rate.  Getty Images/iStockphoto

It's usually a omniscient thought to save money present for expenses you whitethorn look successful the future. After all, you ne'er cognize erstwhile a fiscal exigency mightiness happen. And erstwhile 1 does, you'll apt privation a fiscal information nett to autumn backmost on.  

"Things are going to happen," says William Thompson, CFP and fiscal planner astatine Valor Wealth Partners, LLC. "Whether it's occupation loss, an appliance needs replacing oregon the car breaks down, you request to person funds that tin beryllium tapped into rapidly to respond to these issues without having to usage high-interest recognition cards."

If you're looking for a safe spot to store your exigency fund, a savings relationship is simply a beardown bet. Not lone are these accounts safe, but they connection involvement that could springiness your savings a boost — meaning you'll beryllium much prepared for the adjacent rainy day. 

How overmuch involvement you tin earn, however, depends connected wherever savings rates presently stand.

What are today's savings involvement rates?

The nationalist mean savings relationship involvement complaint is 0.41% arsenic of April 28, 2025, according to the latest numbers disposable from the FDIC. You tin gain exponentially much than that by opening a high-yield savings account, however. Bankrate reports that apical high-yield savings relationship rates for April 2025 are betwixt 4.10% and 4.45%. And if you store around, you whitethorn find an relationship that offers an adjacent higher complaint than that.

Explore today's rates here to find the relationship that volition gain you the most!

How to get a bully savings relationship rate

Here's however you tin unafraid the champion complaint disposable for your savings equilibrium today.

Choose a high-yield savings account

When it comes to earning arsenic overmuch involvement arsenic possible, high-yield savings accounts are the wide winner. They whitethorn connection rates up to 11 times higher than regular savings accounts, which tin adhd up fast.

For example, let's accidental you deposit $1,000 into a savings relationship astatine 0.25%. After 12 months, you'll person earned lone $2.50 successful interest. But enactment that wealth into a high-yield relationship astatine 4.85%, and you'd gain $48.49 implicit the aforesaid period. Plus, since involvement compounds, this quality tin truly balloon implicit time.

Check retired today's champion savings relationship rates here to get started.

Look astatine online banks

Many of today's apical high-yield savings accounts are offered by online banks. These banks person less overhead costs than brick-and-mortar banks since they don't person immoderate carnal locations. They walk those savings connected to you by offering high involvement rates and different perks, specified arsenic low oregon nary fees.

"For anyone that thinks they don't person capable to save, galore apical accounts typically commencement with a $1 minimum, which is not a precocious barroom to meet. Often they besides don't person immoderate monthly fees, truthful determination should not beryllium immoderate superior obstacles, adjacent if idiosyncratic were lone looking to prevention little than $100 a period successful an online savings account," says Shane Cummings, CFP, CEPA, AIF, wealthiness advisor and manager of technology/cybersecurity astatine Halbert Hargrove.

Plus, online accounts are speedy to acceptable up and casual to use. 

"The relationship opening process for astir of [these] banks is besides precise streamlined and tin beryllium done online successful a substance of minutes, which is overmuch amended than walking into a slope subdivision and going done a overmuch slower process successful person," says Cummings.

Compare antithetic accounts

High-yield savings accounts offered by online banks are your champion stake for obtaining a large involvement rate. But there's plentifulness of saltation among these options. So instrumentality the clip to compare products, noting not conscionable involvement rates but besides things similar fees that could devour into your earnings.

It volition instrumentality longer than choosing the archetypal relationship you travel across, but erstwhile that archetypal probe is done, you tin beryllium backmost and ticker your savings turn knowing you're getting the astir you tin for your money.

Find the close high-yield relationship for you by comparing your options online now!

The bottommost line

No substance wherever you are successful your fiscal journey, a savings relationship is simply a must. Not lone is it a omniscient fiscal move, but you beryllium it to yourself to maximize your savings by getting the highest complaint possible. That starts with knowing today's mean rates, choosing a high-yield savings relationship with an online slope and researching your options. By doing this, you tin remainder easier knowing you're amended prepared to marque the astir of the wealth successful your savings and amended upwind immoderate storms that whitethorn come.