Accessibility links
savings accounts savings accounts
Stories About

savings accounts

Getting a measly interest rate on your savings? Here's how to score a better deal

Savers can often find better rates on accounts from credit unions and online banks than at many major financial institutions. Photo by Frederic J. Brown/AFP via Getty Images. FREDERIC J. BROWN/AFP via Getty Images hide caption

toggle caption
FREDERIC J. BROWN/AFP via Getty Images

Your Money

Getting a measly interest rate on your savings? Here's how to score a better deal

Many big banks offer shockingly low interest rates on savings accounts. Moving your money to a smaller institution could bring better returns.

Getting a measly interest rate on your savings? Here's how to score a better deal

Listen · 3:35
  • Download
  • <iframe src="https://www.npr.org/player/embed/1160560020/1160560147" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Interest rates up, but not on your savings account
Carl de Souza/AFP via Getty Images

The Indicator from Planet Money

Interest rates up, but not on your savings account

When the Fed hikes interest rates, the interest rate on your savings account usually follows in step. But recently, that logic hasn't held up. We ask an economist and a community banker why.

Interest rates up, but not on your savings account

Listen · 9:06
  • Download
  • <iframe src="https://www.npr.org/player/embed/1144812152/1198988026" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
How to save for different financial goals
zf L/Getty Images

Life Kit

How to save for different financial goals

Whether you want to save for a vacation or retirement, build generational wealth for your kids or figure out how to split expenses with a partner, Life Kit answers your personal finance questions.

How to save for different financial goals

Listen · 20:27
  • Download
  • <iframe src="https://www.npr.org/player/embed/1102134470/1197917217" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Browse archive or search npr.org