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Savings

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

Explore savings basics

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The amount of money you should save each month will vary based on your goals. Here’s what to know.
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It’s a low interest rate environment, but there are ways to earn more on your money.
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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

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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.

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SAVINGS

Bank accounts with budgeting tools

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

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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.

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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.

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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

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right

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

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.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
woman managing personal banking and finance at home
Working as a freelancer requires a new approach to saving money. Here’s how.
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No matter your age, these tips can help you improve your financial situation.
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Whether you hope to buy a home or just rent for a while, a solid savings plan is the key to finally moving out of your parents’ house.
Someone watering a plant that grows cash
Here’s how much $100,000 in a high-yield savings account can earn you.
Young woman working from her kitchen island and drinking a hot beverage
Here are some of the best savings accounts you can sign up for as a business owner.
Pair of friends shoe shopping
Impulse buying can drain your savings. Here are five tips for avoiding it to protect your money.
A guide to mutual funds
Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
Best compound interest investments
The name of the game with compound interest is time — the more of it you have, the bigger the payoff.
Woman smiling at cash on a cloud
Lay away cash for an emergency or short-term goals with a money market mutual fund.
woman at ATM
Our picks provide customers with almost everything they need to bank in the branch, at home or on the road.
Savings account and money market rate forecast
Expect savings and money market account yields to slide lower, but they still should outpace inflation
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Many of these banks offer low-fee accounts and higher yields than some of the biggest banks.
signage outside the federal deposit insurance corporation headquarters
Worried about losing money held at a bank? Here’s what to know about FDIC insurance.
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If you’re looking for help becoming a better saver, here are some tips for setting savings goals.
Woman using credit card at laptop
Here’s what you need to know about interest checking accounts.
Federal Reserve building
Two bank failures could make the Fed think even more carefully about interest rates.
Jerome Powell speaking at podium
Fed officials are warning interest rates could rise higher than previously expected.
Gay couple looking up finances on computer
Finding the account of your dreams comes down to knowing what you want and the features you value most.
A person uses Trim to try to improve his financial health.
These tools can help you get bank fees refunded and prevent the next ding.
A group of graduates
Several types of saving accounts are available to help your child pay for college.
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