Savings & CD Rates
Official national averages from the FDIC, plus online savings APYs we could read directly from bank pages — each with its date. Bank rates change often; confirm on the bank’s site before you open an account.
FDIC rates effective September 21, 2026 · Checked 30 September 2026🏦 National average rates (FDIC)
Average rates paid by all FDIC-insured banks and credit unions, effective September 21, 2026, based on data from the last business day of the prior month. Source: fdic.gov/national-rates-and-rate-caps.
| Product | National average |
|---|---|
| Savings | 0.37% |
| Interest checking | 0.07% |
| Money market | 0.63% |
| 1-month CD | 0.23% |
| 3-month CD | 1.13% |
| 6-month CD | 1.41% |
| 12-month CD | 1.73% |
| 24-month CD | 1.61% |
| 36-month CD | 1.36% |
| 48-month CD | 1.28% |
| 60-month CD | 1.38% |
These are averages across the whole industry; many online banks pay more. An average is not an offer.
💻 Online savings accounts (from bank pages)
Only accounts whose own page showed an APY and a date are listed. Data checked 30 September 2026. More accounts will be added as we can confirm each rate from the bank’s page.
| Account | APY | As of | Minimum / fees |
|---|---|---|---|
| Ally Bank Online Savings Account Online savings | 3.1% | September 29, 2026 | $0 minimum opening deposit · $0 monthly fee |
| Rate is tiered by balance (under $5,000; $5,000–$24,999.99; $25,000 and over) — see Ally for each tier. Deposits are FDIC-insured up to the maximum allowed by law. Source: www.ally.com | |||
🔍 What to compare
Savings APYs are usually variable. CD APYs are fixed for the term.
Check opening deposit, balance tiers and monthly fees.
FDIC (banks) or NCUA (credit unions) insure up to $250,000 per depositor, per institution, per ownership category.
Early withdrawal usually costs interest; read the terms.
🧮 Calculators
Savings calculator · CD calculator · CD ladder · Savings goal
Rates are read from the sources shown on the dates shown and may have changed. FinancePortal is not a bank and does not take deposits.