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

The most common sign of financial success is living comfortably, Americans say.

A comparison of interest rates in passbook savings accounts and statement savings accounts across the country.

Senior man using laptop computer at home

Split direct deposit is a simple way to painlessly boost your savings.

You’ve matured, but those savings bonds from childhood may still need more time.

An older man researches online while having a glass of wine.

Now might be the time to dust off those paper bonds and cash them in. Here’s what you need to know.

A savings account can be a great tool to teach your child about money. Here are a few of our favorites.

Row of folded dollar bills with red gift bows

Giving money as a gift doesn’t have to be boring. Use this guide to personalize your monetary giving.

Mother and daughter looking at savings account info on a cellphone

The best savings accounts for teenagers offer competitive rates and charge no fees.

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.

signage outside the federal deposit insurance corporation headquarters

Worried about losing money held at a bank? Here’s what to know about FDIC insurance.

Businesswoman looking out window while seated at desk in office

The start of a new year is a great time to set financial intentions.

Side view of father cooking food while daughter having apple in kitchen

These simple moves can help build a cash cushion.

Pink piggy bank stuffed with dollar bills

Even as interest rates drop, some top-yielding savings accounts remain competitive.

Online checking accounts stand out for different features. Here’s our top picks.

A woman wearing a facemask enters a building where the Employment Development Department has its offices in Los Angeles, California on May 4, 2020, past a posted sign mentioning the closure of the offices's public access counters due to the coronavirus pandemic. - Dismal US employment figures are expected with the release Friday May 8 of figures for April's US jobs report, with 30 million Americans filing for unemployment in the last six weeks.

Overwhelmed state unemployment offices have left Americans without aid for weeks, if not longer.

The Internal Revenue Service is automatically sending $1,400 stimulus payments to about one million Americans who never claimed their COVID-19 relief checks from 2021, according to a recent announcement. [...]

exterior of Bank of America branch building

Knowing bank holiday schedules can help you avoid delays on necessary transactions.

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