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Skip to Main Content Bankrate * Banking Caret Right Caret LeftAll Banking Checking & savingsCaret Right CDsCaret Right Money marketCaret Right BanksCaret Right Explore all banking resources Arrow Right Caret Left Banking Compare accounts * Best savings accounts * Best high-yield savings accounts * Best business checking accounts * Best checking accounts Get guidance * Savings calculator * All savings calculators * Savings rate trends * Savings resources * Savings basics 5 min read * How to start saving 4 min read Compare accounts * Best CD rates * Best 6-month CD rates * Best 1-year CD rates * Best 5-year CD rates Get guidance * CD calculator * CD ladder calculator * CD rate trends * CD resources * CD basics 7 min read * How to invest with CDs 6 min read Money market accounts Money market accounts are similar to savings accounts, but offer some checking features as well. 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Tell us about your goals and get recommendations tailored to you. Arrow Right Collapse Close X WHAT BRINGS YOU TO BANKRATE TODAY? QUESTION 1 OF 2 Still want recommendations? Pick up where you left off. Expand Continue where you left off Caret Up Close X THE BANKRATE AWARD WINNERS ARE HERE Skip the searching and find the top financial products of 2024, all in one spot. From insurance companies to investment accounts, we've got you covered with our top picks in every category. See the winners BANKRATE RECOMMENDS AdvisorMatch FIND A VETTED FINANCIAL ADVISOR IN MINUTES From retirement planning to saving for a home, a financial advisor can help you reach your financial goals. Arrow Right LEARN MORE INTRODUCING WHOLE HUMAN FINANCE™ With the help of National Debt Relief, you can reduce your debt and empower yourself to find help for your entire situation – not just your bank account. In partnership with READ ARTICLE 10 BEST INVESTMENTS IN 2024 These top investments offer your portfolio the potential for steady, positive returns. TAKE ACTION GET OUT OF DEBT WITH THE BEST COMPANIES OF 2024 Take control of your finances and restore your credit with effective debt relief solutions. READ ARTICLE HOW MANY BUSINESS CREDIT CARDS SHOULD I HAVE? Find the right credit card for your venture as a small business owner to help you achieve your goals. EXCLUSIVE INSIGHTS FROM OUR EXPERT ANALYSTS > “Why have home prices gone up so quickly? Blame supply and demand. The supply > of homes has been constrained by a number of factors, including muted > homebuilding and the lock-in effect.” – Jeff Ostrowski AMERICANS NEED A SIX-FIGURE SALARY TO AFFORD A TYPICAL HOME IN NEARLY HALF OF U.S. STATES Aspiring homeowners need a six-figure salary to afford a typical home in nearly half of states in 2024, according to a new Bankrate study. Read more The trusted provider of accurate rates and financial information Wall Street Journal USA Today The New York Times CNN Bloomberg ABC Over 200 financial calculators FIND ANSWERS, FAST Mortgage Mortgage calculator Rates Simple savings Mortgage Percent Amortization Dollar Cost-of-living Mortgage Market Home affordability Credit Card Credit card payoff Cd CD calculator Credit Card Balance Transfer Balance transfer Loan Loan calculator Calculator See all calculators A BETTER RATE IS WAITING * Banking * Mortgage NATIONAL AVERAGE BANKING RATES 1 Year CD 1.73% 3 Year CD 1.41% 5 Year CD 1.41% Savings Account 0.59% See all CD rates | See all Savings rates CURRENT MORTGAGE RATES 30 Year Fixed 6.91% 15 Year Fixed 6.37% 10 Year Fixed 6.31% 5/1 ARM 6.45% See all Mortgage rates Rate trends CURRENT CD INTEREST RATES Average rate of savings account interest Banking news TRUSTED NEWS AND REVIEWS, PUBLISHED DAILY See all news BEST ENERGY ETFS: TOP OIL, GAS AND CLEAN ENERGY FUNDS 4 min read YOUNG PEOPLE SURPRISINGLY FEEL THE MOST OPTIMISTIC ABOUT THEIR MONEY. THEIR FINANCES SOMETIMES TELL A DIFFERENT STORY. 10 min read IS THE HOUSING MARKET GOING TO CRASH? WHAT THE EXPERTS ARE SAYING 9 min read 5 TYPES OF BAD CREDIT LOANS AND THEIR USES 6 min read GOOD NEIGHBOR NEXT DOOR PROGRAM: WHAT IT IS AND HOW TO APPLY 7 min read BEST ENERGY ETFS: TOP OIL, GAS AND CLEAN ENERGY FUNDS 4 min read YOUNG PEOPLE SURPRISINGLY FEEL THE MOST OPTIMISTIC ABOUT THEIR MONEY. THEIR FINANCES SOMETIMES TELL A DIFFERENT STORY. 10 min read Caret Left Caret Right Investing BEST FINANCIAL ETFS: TOP FUNDS FOR BANKS, INSURERS AND REITS 4 min read Mortgages THE BEST HOME LOAN: HOW TO SHOP FOR AND COMPARE MORTGAGE OFFERS 7 min read Home Equity WHAT ARE THE PROS AND CONS OF HOME EQUITY LOANS? A HOMEOWNER’S GUIDE 8 min read REVIEWS AND RECOMMENDATIONS Advertiser disclosure Bankrate independently researches financial companies and rates them according to an objective set of criteria. For more information on how we stay impartial, check out our editorial integrity policy. REVIEWS BY CATEGORY * Banking reviews * Mortgage lender reviews * Credit card reviews * Personal loan reviews * Home equity reviews * Best home insurance * Brokerage reviews REVIEWS OF TOP BANKS Rating: 4.1 stars out of 5 4.1 Bankrate Review Rating: 4.6 stars out of 5 4.6 Bankrate Review Rating: 4.5 stars out of 5 4.5 Bankrate Review REVIEWS OF TOP MORTGAGE LENDERS Rating: 4.6 stars out of 5 4.6 Bankrate Review Rating: 4.8 stars out of 5 4.8 Bankrate Review Rating: 4.9 stars out of 5 4.9 Bankrate Review POPULAR TOPICS Rates Start saving Dollar Start investing Mortgage Market Purchase a home Home Equity Refinance a home Retirement Save for retirement Credit Card Get a credit card Insurance Home Alt Get home insurance Auto Car Guides Find car insurance INTRODUCING CARDMATCH™ YOUR PERFECT CARD IS ONE CLICK AWAY Find your match WHY CARDMATCH™? * 1 No impact to your credit score * 2 Bank-level security to keep your data safe * 3 Elevated bonus offers and custom results BANKRATE LOGO BANKRATE ABOUT * About us * Press room * Careers * Advertise with us * Site map HELP * Contact us * Compare rates * Latest news * Popular topics LEGAL * Privacy policy * Cookie Settings * Do Not Sell or Share My Personal Information * Consumer Health Information Privacy Policy * Understanding Bankrate’s averages * Terms of use * GLBA annual notice * California Consumer Financial Privacy Notice * Licenses HOW WE MAKE MONEY Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access Facebook Twitter Instagram Linkedin Youtube Tiktok © 2024 Bankrate, LLC. A Red Ventures company. All Rights Reserved. ADVERTISER DISCLOSURE Bankrate.com is an independent, advertising-supported comparison service. The offers that appear on this site are from companies from which Bankrate.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. Bankrate.com does not include the entire universe of available financial or credit offers. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. EDITORIAL INTEGRITY Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. 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