Savings account rates hit 4.1% APY today
The national average savings account rate stands at 0.38%. Some top accounts are currently offering 4% APY and up.
Today, the highest savings account rate available is 4.1% APY, offered by Bask Bank.
A $1,000 savings account at the average interest rate of 0.38% with daily compounding yields $1,003.81 after one year.