The average savings interest rates vary from country to country. It is also important to note that they vary from bank to bank as well. A general rule of thumb is to seek out institutions that can offer you a rate of 3% or better.
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around 3 - 4 %
3%
One can find the highest savings interest rates by going to the Savings Accounts website. The website has a list of the top 10 Savings Accounts that have high interest rates.
The current savings interest rate in India is 4% per annum. It was only 3.5% in the year 2005. This is one of the highest interest rates in the world in terms of savings account interest rates. Developed countries like USA and Singapore offer interest rates of less than 1% per annum.
2%
around 3 - 4 %
3%
One can find the highest savings interest rates by going to the Savings Accounts website. The website has a list of the top 10 Savings Accounts that have high interest rates.
The current savings interest rate in India is 4% per annum. It was only 3.5% in the year 2005. This is one of the highest interest rates in the world in terms of savings account interest rates. Developed countries like USA and Singapore offer interest rates of less than 1% per annum.
There are many options for savings accounts which provide different interest rates. For traditional savings accounts, online banks typically yield the best rates.
Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.
Bank of America and Suntrust offer very similar interest rates on savings accounts. For up to date information on savings accounts check bankrate.com
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The most accurate information regarding average interest rates for savings accounts is through the Bank of Canada. They are in charge of the monetary policy for the country, and will provided the most accurate information.
Bank savings interest rates in the UK are pretty much the same as they are in the US. Different banks offer different interest rates, ranging from 4% to 12%.
One can compare the best interest rates on savings accounts by going to various bank review websites. They will list all the banks and their respective interest rates.