Ever wonder how much your money really earns just by sitting in the bank? That’s where annual percentage yield (APY) comes in. APY shows how much interest your money can earn in a year — and the ...

The average 36-month certificate of deposit currently promises an underwhelming 1.36%, according to the latest government data. But at some banks and credit unions, those fixed 3-year terms can ...

At the central bank’s final meeting of the year in December, CME Group’s FedWatch tool predicts a 65% chance of another rate cut. If so, that could mean the average national deposit rate for savings ...

Savings account rates have been slipping since the Federal Reserve lowered interest rates in September. Annual percentage yields (APYs) of 4.00% or more are vanishing. Yet one savings account recently ...

Savers are still seeing some of the best returns in years. Many high-yield savings accounts (HYSAs) are paying between 4.00% and 5.00% APY -- well above what big banks are offering. But that momentum ...

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 ...

MarketWatch Picks highlights items we think you’ll find useful; we are independent of the MarketWatch newsroom. We might earn a commission from links in this content. Learn more The average 36-month ...