Margarette Burnette is a savings account expert for NerdWallet. She has written about interest rates and savings products since before the Great Recession and recent recovery. Her work has been featured by The Associated Press, USA Today and a number of newspapers across the country. She has a bachelor's degree in business administration from UNC-Chapel Hill. Along with avoiding bank fees, Margarette enjoys jogging, tennis and automatic savings deposits. Email: [email protected].
Average interest rate for savings accounts The national average interest rate for savings accounts is APY, according to the Federal Deposit Insurance Corp. Online banks typically offer savings rates that…
Are you owed money you don’t even know about? You might be, if your name is in an unclaimed property database. Each year, billions of dollars from forgotten security deposits,…
Citibank and Wells Fargo are two of the nation’s largest megabanks — with thousands of branch locations, a full host of financial products and sizable ATM networks. Our head-to-head comparison…
Saving money takes time, but learning the basics about saving can take just a few minutes. Check out these bite-sized answers to 21 savings account questions (and the links to…
It is possible to find a high-interest savings account during the pandemic. It can even be easy, since you don’t have to leave home to open one. The key is…
The Citibank savings account interest rate for its Accelerate account is APY. With that balance-boosting yield, which is higher than savings account interest rates at many other banks, the name…
It’s a tough time to do your banking if you prefer going to a branch. Hours have been cut at many locations, and social distancing guidelines mean bank lobbies are…
High-interest savings accounts defined A high-interest savings account is a bank account that lets you deposit money at a higher-than-average return. The average savings account pays only annual percentage yield.…
Banks are always on the hunt for new customers, and if you qualify, some will pay you $200 or more to open an account. You may have to meet certain…
We may not be able to peek at our neighbors’ bank statements, but by looking at the median savings by age, we can get an idea of how our own…
