Interest rates on savings accounts have been decreasing, so it’s crucial to find the best rate available. The national average savings rate is 0.39%, but some accounts offer 4% APY or higher. Healthcare Bank currently offers the highest rate at 4.36% APY. Your earnings depend on the annual percentage rate (APY) and compounding frequency. For example, with $1,000, a 0.39% rate yields $3.91 in interest, while a 4% APY would give $40.81. Depositing more can increase your earnings significantly – $10,000 in a 4% APY account would earn $408.08 in interest in a year.

Read more at Yahoo Finance: Best high-yield savings interest rates today, September 6, 2025 (Earn up to 4.36% APY)