Savings Accounts Knowledge Center
MoneyRates tracks savings account rates from hundreds of banks and also reports on how interest-rate trends affect your savings.
Read these articles designed to help you save money and get more out of your savings.
How to Save Money
Browse through the articles listed below for advice on saving money, including:
- Planning savings to meet your goals
- Ways to save money every day
- Building an emergency fund
Getting More Out of Your Savings Account
Make the effort you put into saving money really pay off by getting more out of your bank. Find advice on:
- Choosing a bank that pays a higher interest rate
- Avoiding unnecessary bank fees
- How the latest Federal Reserve decisions affect your savings account interest
Find out how your savings can do more for you.
The Best Place for Your 2023 Tax Refund: Savings, CDs, & Investments
Each spring, households across the country find themselves with hundreds or even thousands of extra dollars, thanks to state and federal tax refunds. What you do with that money depends on your current financial situation. You might need it to catch up on bills or pay down debt, or you may have the money earmarked… Continue reading The Best Place for Your 2023 Tax Refund: Savings, CDs, & Investments
Strategies for 2023: Savings, Money Market, & CD Accounts
When the Federal Reserve implements rate hikes, it does so as a measure to fight inflation. When rates rise, people who save money win. The cost of borrowing money for big-ticket items such as home mortgages increases when rates rise, but so does the benefit of saving money. You can leverage the rise in interest… Continue reading Strategies for 2023: Savings, Money Market, & CD Accounts
What Is Mobile Check Deposit & How Does It Work?
You may have never used it, but most likely your bank offers a mobile check deposit feature. Mobile check deposit provides the ability to directly deposit paper check funds into your account using your mobile phone, and it’s the fastest and easiest way to deposit checks while offering the security of an ATM check deposit.… Continue reading What Is Mobile Check Deposit & How Does It Work?
The Best Savings Accounts in West Virginia for 2023
A savings account is a safe place to keep your money while earning a little interest. If you live in West Virginia, you might be wondering which banks offer the best savings accounts. West Virginia is home to numerous local banks and credit unions. You’ll also find branches of big banks located here, too. Comparing… Continue reading The Best Savings Accounts in West Virginia for 2023
The Best Savings Accounts in Wyoming for 2023
With over 30 commercial banks in the state of Wyoming that handle almost $15 billion, it’s safe to say that banking is thriving in the state. Keep in mind that this doesn’t include credit unions and online banks, both of which are also a staple of Wyoming’s financial scene. To that end, we’re taking… Continue reading The Best Savings Accounts in Wyoming for 2023
The Best Savings Accounts in Wisconsin for 2023
Need a new savings account? Finding the best savings accounts starts with comparing the options in your home state. If you live in Wisconsin, that means looking at what traditional banks, credit unions, and online banks have to offer. Wisconsin is home to nearly 200 local and regional banks, but you can also find big… Continue reading The Best Savings Accounts in Wisconsin for 2023
The Best Savings Accounts in Washington for 2023
There are 73 local and national banks serving customers in Washington with more than 1,400 branches in over 200 cities and towns. If you’re a resident of the Evergreen State who is looking for the best savings account to store your money, there are plenty of great options available to you. Here’s a look at… Continue reading The Best Savings Accounts in Washington for 2023
The Best Savings Accounts in Virginia for 2023
In 1804, the Bank of Virginia became the first bank to open in the state with $1,500,000 in capital. Since then, the banking industry has grown exponentially, so there are many choices for finding the best savings accounts in Virginia. If you’re looking for the right choice of where to put your money, continue reading… Continue reading The Best Savings Accounts in Virginia for 2023
The Best Savings Accounts in Vermont for 2023
Over the years, the number of commercial banks in Vermont has decreased thanks to consolidations and closures. In fact, six commercial banks are currently headquartered in the state, down from 18 about 20 years ago. Despite this, if you’re looking for the best savings accounts in Vermont, there are still many options to choose from,… Continue reading The Best Savings Accounts in Vermont for 2023
The Best Savings Accounts in Utah for 2023
In 1866, Utah joined the banking world with the first national bank in the state, the Miner’s National Bank of Salt Lake City. Only three years later, in 1869, the bank was taken over by the First National Bank of Utah. Though banks struggled during this time, they soon leveled out into what we… Continue reading The Best Savings Accounts in Utah for 2023