Savings

Bankrate helps you find the latest deals on savings accounts and learn strategies to maximize your yield.

Explore savings basics

The amount of money you should save each month will vary based on your goals. Here’s what to know.

Woman working with business document and laptop on the table

It’s a low interest rate environment, but there are ways to earn more on your money.

Close up of someone hands holding and counting American dollar banknotes in her hand

Most people know they should be saving a portion of their income, but they might not grasp all of the benefits of doing so. Saving is an important habit to get into for a number of reasons — it helps [...]

Build good budgeting habits

TRY THIS

52-week money saving challenge

Follow this plan of making weekly deposits into your bank account, and you could save $1,378 by the end of the year.

SAVINGS

Bank accounts with budgeting tools

Choose a bank account that helps you develop healthy spending habits with built-in digital budgeting tools.

SAVINGS

Ways to save money on a tight budget

Even on a limited budget, small intentional changes can go a long way to help you build a savings cushion and have greater peace of mind.

SAVINGS

Best money-saving apps

Read up on top available rates and national average trends over time from Bankrate’s weekly survey of banks and credit unions.

Experts in all things banking

Our expert writers and editors bring you timely news and reliable information - backed by data and first-hand experience.

About Bankrate's team

Greg McBride, CFA

Chief Financial Analyst

Sarah Foster

Principal U.S. Economy Reporter

Mark Hamrick

Senior Economic Analyst

See how much your savings can grow

Bankrate can help you capitalize on the current high interest rate environment. Enter your expected contributions and APY to see how much interest your savings could earn over time.

Learn more

Latest articles

A Gen Z woman counting cash next to a laptop

Navigating the world of personal finance is daunting, but it’s particularly so for Gen Zers.

Financial manager meeting with couple in bank branch office

Get the latest rates on top-yielding money market accounts.

Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank

Comparing savings rates can ensure you get the best return on your savings.

Young woman wearing white headphones using laptop and mobile phone for remote work

A biweekly budget lets you allocate your expenses better than on a monthly basis.

A full grocery basket surrounded by grocery receipts

The average household earned $101,805 in 2023 before taxes and spent $77,280.

The best time to cash in savings bonds depends on an investor’s life circumstances.

Female patient paying with credit card at doctor's office front desk

Here’s what you need to know about upcoming changes to Health Savings Accounts.

Man working on laptop and drinking coffee

Money market funds are available from several different brokers and fund managers.

Looking for a place to park your savings? Here’s why a MMA might be appealing.

A young woman researches on her phone at a cafe.

Short answer? Yes. Here’s what you need to know.

These accounts sound similar, but there are some key differences to know.

Asian women using laptop computer at home working space.

CD terms can range from three months to five years. Learn which one is right for you.

Here’s everything you need to know about no-penalty CDs.

How Reg. D impacts your savings account and why it pays to check with your bank.

Not sure how to get started investing with mutual funds? We’ll help you understand the basics.

Close-up of woman trading stock online on mobile phone

A money market account is like a parking spot for cash, but with a few guardrails.

Navigating the world of personal finance is daunting, but it’s particularly so for Gen Zers.

These seven banks and credit unions offer competitive rates on CDs for businesses.

Get the latest rates on top-yielding money market accounts.

A CD ladder lets savers benefit from higher rates without locking up all your money in long-term CDs.

President Biden Delivers Remarks On Hidden Junk Fees

The CFPB has passed a rule to cut overdraft fees, but there are ways to save now.

Comparing savings rates can ensure you get the best return on your savings.

Explore the unique bank perks you might be missing out on.

The trusted provider of accurate rates and financial information

Savings

Explore savings basics

Build good budgeting habits

52-week money saving challenge

Experts in all things banking

Compare top-rated banks

Review our top banks of 2024

See how much your savings can grow

Latest articles