Skip to Main Content

Savings

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

Explore savings basics

A woman does her budgeting.
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.

Arrow Right Icon
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.

Image for Best money-saving apps
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.

Arrow Right Icon

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

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

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.

Latest articles

Easy mornings and working from home for this couple
Savings yields topping inflation could let you hold onto your purchasing power.
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 [...]
piggybank
Here are some of the best savings accounts you can sign up for as a business owner.
Young woman on smartphone
Look for gigs, deals and other ways to earn money simply by browsing on your phone.
image of older couple dancing
Here are scenarios for when each choice – paying down debt or saving – makes more sense.
A man works on his laptop.
Here’s everything you need to know about high-yield savings accounts.
Mom preparing financial paperwork at home while her child draws next to her
Single people and young families tend to have significantly less saved.
Person on laptop computer
The APY percentage shows how much an account earns per year. Here’s what you need to know.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
A man researches online.
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.
Woman using mobile phone at the bar
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.
A young female researches on her phone.
Here’s everything you need to know about no-penalty CDs.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
A guide to mutual funds
Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
Jerome Powell, Chair of the Federal Reserve of the United States
Follow along as Bankrate’s experts break down the Fed’s next interest rate decision.
Cropped shot of a businessman using his computer in his home office
Find out which CD term is best for your financial goals in a lower rate environment.
Easy mornings and working from home for this couple
Savings yields topping inflation could let you hold onto your purchasing power.
Percent symbol with people holding money that is many dollar bills. Concepts of the banking system, rising interest rates, inflation, deflation, and savings.
How to proceed when your CD matures during falling rates.
Women using digital tablet to check her finances at home office
For savers, here’s what to consider when the Fed raises interest rates.
Piggy bank with cash overflowing
Walk away with stacks of cash just for opening a checking or savings account.
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 [...]
close up of hands signing a check
Checks aren’t as ubiquitous as they once were, but you may still have to write one.
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc