When you think of interest-generating bank accounts, your mind likely goes to savings. After all, that’s your reward for building an emergency fund or socking away money for a future expense, right? A ...

Some also offer rewards or earn interest. In 2025, Discover® Cashback Debit won NerdWallet’s annual award for best overall checking account. Checking accounts are covered by federal insurance, either ...

High-yield savings accounts are still paying up to 5.00% APY following a total of three Fed rate cuts in 2025 -- compare the ...

High-yield savings account rates have held steady to start the year. As of January 12, 2026, leading online banks are still ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...

Low fees, easy ATM access, fee-free withdrawals, overdraft protection — even the ability to earn interest. These are some of the qualities that many of the most-recommended checking accounts have in ...

The average savings account yield is 0.63% as of Dec. 19, according to a Bankrate survey of 500 financial institutions. If ...

Banks and credit unions typically pay little to no interest for a checking account — among the ones that actually do, the average annual percentage yield is just 0.07%, according to the latest ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...