When it comes to saving money, finding the right savings account with a competitive interest rate is key. With so many options available, it can be overwhelming to know where to start. To help you make an informed decision, we've compiled a list of the top 20 savings account interest rates for 2021. Whether you're looking to earn a high yield on your savings or simply want a safe place to store your funds, there's a savings account on this list for you.
1. Ally Bank Online Savings Account - 0.50% APY
2. Marcus by Goldman Sachs High-Yield Savings - 0.50% APY
3. Discover Online Savings Account - 0.50% APY
4. CIT Bank Savings Builder Account - 0.45% APY
5. American Express High Yield Savings Account - 0.40% APY
6. Capital One 360 Performance Savings - 0.40% APY
7. Barclays Online Savings Account - 0.40% APY
8. Synchrony Bank High Yield Savings - 0.40% APY
9. Vio Bank High Yield Online Savings Account - 0.57% APY
10. Wealthfront Cash Account - 0.35% APY
11. Chime High Yield Savings Account - 0.50% APY
12. Varo Savings Account - 0.20% APY
13. PNC High Yield Savings Account - 0.01% APY
14. TD Bank Simple Savings Account - 0.05% APY
15. Wells Fargo Way2Save Savings Account - 0.01% APY
16. Bank of America Advantage Savings Account - 0.01% APY
17. Chase Savings Account - 0.01% APY
18. U.S. Bank Standard Savings Account - 0.01% APY
19. Citi Accelerate Savings Account - 0.50% APY
20. HSBC Direct Savings Account - 0.15% APY
Remember that interest rates are subject to change, so it's important to check with the financial institution for the most up-to-date rates. Additionally, some savings accounts may have minimum balance requirements or other restrictions, so be sure to read the fine print before opening an account. With the right savings account, you can watch your money grow over time and achieve your financial goals.