Bankrate publishes a list of the savings accounts offered by banks that have the highest interest rates. As of July 30, 2015, Synchrony Bank's interest rate of 1.05 percent is the highest rate on a savings account without minimum deposit. Credit unions tend to have high-yield savings accounts, recom
As of June 2015, personal savings account interest rates are averaging 1 percent per year, according to MoneyRates.com. This means that an individual receives 1 percent of the total he has deposited in a particular account for the entire year.
Consumers seeking the best interest rates on bank savings accounts should look at banks offering online savings accounts. Although annual percentage yield earnings on savings account deposits change frequently, on average, online savings accounts outperform traditional accounts offered at brick-and-
Savings account interest rates can vary from very low rates at banks, which may have rates as low as 0.01 percent, to higher-yield accounts at online banks, which can be as high as 1.10 percent. Some local credit unions offer significantly higher interest rates on savings accounts, although membersh
You can find the current interest rate for ING savings accounts by visiting the ING website at INGDirect.com.au, and clicking on the Savings tab on the menu. Once you are on the Savings page, the current interest rate for each savings account type is displayed.
As of 2015, the average savings account rate is 0.17 percent, according to U.S. News and World Reports. However, consumers who shop around are often able to find opportunities to earn more on their savings.
There are several online surveys of savings interest rates, and one of the easiest to use is from Bankrate.com. Go to the Bankrate website, select the Bank Rates tab, and click on Checking & Savings. Select the MMA and Savings option for either national or local banks.
Customers can view current Chase interest rates for savings accounts by visiting the home page, clicking on the Savings Account link and clicking on the Interest Rates link, states Chase. Chase offers several savings options, including the Chase Savings, Chase Plus Savings and Certificates of Deposi
In general, internet banks offer higher interest rates on savings accounts than brick and mortar banks due to their lower operating expenses, as stated by Forbes. Consumers should also consider credit unions and prepaid debit cards when seeking the highest interest rates for their money.
Online banks, traditional banks, credit unions and prepaid debit cards offer the highest rates on savings accounts, claims Forbes. Savings accounts usually offer lower returns than riskier alternatives, such as stocks or bonds, reports the Houston Chronicle.