Famous Savings Account Interest 2023. Look for accounts with higher annual percentage yield and for interest that is compounded frequently. Is there a savings account withdrawal limit?
Look for accounts with higher annual percentage yield and for interest that is compounded frequently. With most savings accounts and money market accounts, you'll earn interest every day, but interest is typically paid to the account monthly. As of october 2023, the national average savings account interest rate is 0.46%, according to the federal deposit insurance corp (fdic).
