MarketWatch Picks highlights items we think you’ll find useful; we are independent of the MarketWatch newsroom. We might earn a commission from links in this content. Learn more The average rate on an ...

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 ...

Chanelle Bessette is a personal finance writer at NerdWallet covering banking. She previously worked at Fortune, Forbes and the Reno Gazette-Journal. Her expertise has appeared in The New York Times, ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

High-yield savings accounts have historically offered savers two primary benefits – an elevated rate of return on their money and the flexibility to bank as they would with a traditional account.

The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...