Highest savings rates today: Sock away savings with bigger yields on a high-interest account — May 7, 2024

No matter how much you've got to save, the higher the interest rate, the faster your money can grow. 

Today's high-yield accounts offer knock-your-socks-off rates of 5.00% APY and higher on your everyday cash — more than 10 times the national 0.46% average you'd earn with a traditional account at your neighborhood bank. 

The best of these high-interest accounts come from FDIC-insured digital and online-only banks, though better-known brands like American Express and Discover offer...