If you’re trying to grow your money safely, one of the first questions you may ask is: What’s the national average savings account interest rate in 2025? Knowing this number is crucial before deciding where to keep your cash, especially if you want to maximize your savings while keeping your money accessible.
The Current National Average Savings Rate
According to the Federal Deposit Insurance Corporation (FDIC), the national average savings account interest rate in the United States is 0.39% APY as of August 2025. This is the official benchmark that banks, analysts, and financial experts use to compare savings products.
However, surveys from Bankrate show a slightly higher figure: about 0.6% APY, since they include more online banks that often pay better rates than traditional brick-and-mortar banks.
In short:
- FDIC average (most official): 0.39% APY
- Bankrate average (market survey): 0.6% APY
Both numbers are correct but come from different methods of calculation.
Why the National Average is So Low
Even in 2025, many traditional banks still offer interest rates close to 0.01% APY, dragging down the national average. Big banks tend to pay very little interest because customers often keep their money there out of convenience, not for the best returns.
On the other hand, online banks and credit unions offer high-yield savings accounts with interest rates well above the national average—sometimes over 4% APY. These institutions have lower operating costs and pass on the savings to customers.
How to Beat the Average and Earn More
If you want to make money online and grow your savings faster, here are some tips to beat the national average rate:
- Open a High-Yield Savings Account (HYSA)
Look for online banks offering 4%+ APY, which is 10x higher than the national average. - Compare Rates Regularly
Interest rates change, so check updates from sites like Bankrate, NerdWallet, or directly from your bank. - Avoid Big Banks with Low Rates
While convenient, large banks usually pay close to 0%, costing you potential earnings. - Diversify Your Savings Strategy
Besides savings accounts, consider money market accounts or certificates of deposit (CDs) for higher fixed rates. - Automate Your Savings
Set up automatic transfers from checking to savings. Consistency is key to growing wealth online.
Final Thoughts
The national average savings account interest rate in 2025 sits around 0.39% APY, but smart savers know they can do much better. By choosing a high-yield online savings account, you could earn over 4% APY—a huge difference that accelerates your path to financial freedom.
If your goal is to make money online safely, moving your cash from a low-interest bank to a high-yield account is one of the simplest and smartest decisions you can make this year.
national average savings account interest rate 2025, average savings account rate today, FDIC savings rate August 2025, best savings account rates online, high yield savings account 2025, how to make money online with savings, savings account comparison 2025, savings interest rates USA