Margarette Burnette

The best high-interest deposit accounts offer some of the highest interest rates you can find. See our picks for high-yield checking accounts, savings accounts and CDs.

To find the best high-yield savings account for you, review NerdWallet’s list of the best overall, federally insured high-rate accounts.

The average money market rate is 0.44% as of January 17, 2023, but some of the best money market accounts have rates above 4% APY. They also tend to have low fees to help you grow your bank balance.

Here is an overview of the best money market account rates from this month, as well as a few other strong savings options.

Money orders are a safe alternative to cash or checks. Find out how much they cost, when you need one, where to buy it and how to cash it.

Online bill pay lets you make individual or recurring electronic payments from your bank or credit union. Here’s how to set it up.

Typical minimum opening balances for savings accounts can range from $0 to $100 or more. Choose an account with a minimum balance you can meet that also earns a high yield and doesn't charge monthly fees.

The Fed cut its rates for the first time in 2025. See how this affects savings accounts and CDs.

With no change to the federal funds rate — the target range remains between 5.25% and 5.50% — savers are unlikely to see large rate swings, but small rate changes in consumer accounts are still possible.

Bank of America interest rates for savings accounts and CDs are lower than what many online institutions offer.