Calculator
Compound interest
Prefills a competitive high-yield APY of 4.30%. The FDIC national average savings rate is 0.38%.
$
$
%
Balance at term
$39,116
5 years at 4.30% APY
You put in
$34,000
Interest earned
$5,116
Same deposits at the 0.38% national average finish at $34,417 — a gap of $4,699.
Questions people type into Google
- What is a good savings rate today?
- The FDIC average is 0.38%. Top online banks have recently printed in the low-to-mid 3s for a five-bank average, with the best advertised high-yield still near 4.2–4.4%. CDs from Popular Direct were listed at 4.25–4.50% in August surveys.
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