SoFi® offers a solid interest rate in addition to cash-back opportunities and a bonus. Monthly fee: None. Special features: A 0.50% APY on all balances and an opportunity to earn a bonus between $50 ...
Not all checking accounts pay interest. Among those that do, the numbers are pretty dismal — the average only pays 0.07%, according to the latest government data. Despite those low returns, dozens of ...
The average checking account interest rate is 1.75 times higher than it was in 2022, according to October data from WalletHub. But that often doesn’t mean much: Checking accounts that pay interest are ...
The gap between high-yield and traditional savings accounts has never been wider. According to Bankrate’s latest data, the national average savings account rate sits at 0.62% APY, while top high-yield ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Chanelle Bessette is a personal finance writer at NerdWallet covering banking. She previously worked at Fortune, Forbes and the Reno Gazette-Journal. Her expertise has appeared in The New York Times, ...