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.

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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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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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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.

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Latest articles

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

Savings bonds are safe and easy to buy, but you can earn higher interest income elsewhere.

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

Many of these options are flexible to your schedule.

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

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

Mother and daughter looking at savings account info on a cellphone

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

woman, using laptop while working from home

The top high-yield savings accounts are currently earning APYs of 5 percent and greater.

Man working on laptop and drinking coffee

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

Ally’s money market account offers a high APY, no minimum deposit or monthly fee.

The name of the game with compound interest is time — the more of it you have, the bigger the payoff.

Lay away cash for an emergency or short-term goals with a money market mutual fund.

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

Many of these banks offer low-fee accounts and higher yields than some of the biggest banks.

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

People walk by a Western Union location in New York.

Wire transfer fees can be expensive, but here are ways to send money for less.

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.

Walk away with stacks of cash just for opening a checking or savings account.

Certificates of deposit offer peace of mind, but they’re not without some drawbacks.

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.

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Here’s how to financially prepare for the possibility of sudden unemployment.

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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