average interest rate for saving account
Average Bank Interest Rates in 2018: Checking, Savings, Money Market, and CD Rates While the average U.S. savings account rate for banks has held steady at 0.06% APY since May 2013, there's a good deal of variation among different options. The largest banks, which stick to the traditional brick-and-mortar business model, won't offer more than 0.01% APY on their standard savings accounts.