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Savings account interest rates can vary depending on where you're banking. These can rand from 2 percent all the way down to .65 percent. This also depends on where you have your account and how long you've had it for or if you open an account up during these interest rate deals.

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Q: What are the interest rates on a savings account?
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Related questions

What type of interest rate can you expect from a high yield savings account?

Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.


What are the interest rates for a savings account from Chase bank?

Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.


Does Scotiabank online offer competitive interest rates?

With around five different savings plans to choose from Scotia definitely offers competitive interest rates. Some of their plans are as follows: a daily interest savings account, power savings account, money master savings account, and a money master for RSP's account.


What are the typical interest rates on a savings account?

The typical interest rates on a savings account is around one to three percent. You can ask bank of america or us bank. Wells Fargo offers the highest percentage on savings.


How do money accounts differ from regular savings accounts?

The means of determining interest rate. Money market account interest rates are variable and track the money market. Savings account interest rates are usually fixed.


What is considered to be a high interest savings account rate?

High interest savings account rates vary, depending upon the bank a person selects. A higher interest savings account rate could be anywhere from 0.75% to 1.00%.


Is there a significant difference on interest rates on savings account interest rates with Bank of America and Suntrust?

Bank of America and Suntrust offer very similar interest rates on savings accounts. For up to date information on savings accounts check bankrate.com


What was the average savings account interest in 2005?

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.


What is a high interest savings account?

With a high interest savings account, the saver can get a large return on their savings. At current rates, the interest can range between 3-5%. However a large amount of accounts with higher interest may impose a penalty if you withdraw from that account.


Which has a higher interest rate checking or saving?

Generally a savings account pays more interest, but there are some checking accounts that offer rates that are very competitive to savings accounts.


How can one obtain the best interest on savings?

One might obtain the best interest on savings by looking at the different interest rates banks offer and opening a savings account with that bank. Another way to obtain the best interest on savings is to open a Tax Free Savings Account.


What is the average savings account interest rates now?

around 3 - 4 %