What is the average interest rate for savings accounts?
Comparing savings rates can ensure you get the best return on your savings.
3 min read
Dec 19, 2024
Karen Bennett
Senior consumer banking reporter
EXPERTISE
- Banking
- Personal finance
- Credit cards
EDUCATION
- Bachelor’s degree in English, University of Illinois
- Master’s degree in journalism, Columbia College Chicago
Karen Bennett is a senior consumer banking reporter at Bankrate. She uses her finance writing background to help readers learn more about savings and checking accounts, CDs, and other financial matters.
Karen brings decades of writing and reporting experience to the table, including the roles of credit cards writer for travel website Million Mile Secrets and money and career writer for The Cheat Sheet. Her work has also appeared in USA Today, Illinois Legal Times, and several Chicago, Milwaukee, and Washington, D.C. newspapers. In addition, she’s worked in the areas of marketing and business development, and she was product manager for a consumer money-saving website.
When she’s not writing Bankrate articles, she can often be found cheering her kids on at soccer games, cooking and reading up on saving for retirement and other personal finance topics.
Karen's latest articles
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What is the average interest rate for savings accounts?
Comparing savings rates can ensure you get the best return on your savings.
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APY vs. interest rate: What’s the difference and why it matters
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How to join a credit union: Here’s what to do to become a member
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6 ways to manage finances with multiple income streams
These strategies will help you manage multiple income streams.
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Saving money from your summer job: Top tips for students
These tips can help students maximize savings from their summer job earnings.
3 min read Jul 17, 2023