Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts ...

The national average for savings accounts remains 0.40%, according to the Federal Deposit Insurance Corporation (FDIC) as of ...

Even with the recent rate trims, savers have plenty to smile about. Many high-yield savings accounts (HYSAs) are still paying ...

A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest ...

WASHINGTON — If you had a Capital One 360 Savings account between Sept. 18, 2019, and June 16, 2025, you may be eligible for part of a $425 million class action settlement. The settlement stems from ...

The APY and the interest rate are two key figures to know when storing money in a savings account or other interest-earning bank account. Both are expressed as percentages, but an account' ...

cheating customers who held its flagship "high interest" savings account out of more than $2 billion in interest payments. REUTERS Capital One was sued on Tuesday by the US Consumer Financial ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This could be the smart move with a CD account, in particular, since it ...

Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...