As of May 2024, no banks are offering 7% interest rates on savings accounts. Two credit unions have high-interest checking accounts: Landmark Credit Union Premium Checking with 7.50% APY and OnPath Credit Union High Yield Checking with 7.00% APY.Best High-Yield Online Savings Accounts of May 2024
- EverBank Performance℠ Savings: 5.15% APY.
- Bask Interest Savings Account: 5.10% APY.
- LendingClub High-Yield Savings Account: 5.00% APY.
- Varo Savings Account: 3.00% to 5.00% APY.
- Laurel Road High Yield Savings®: 5.15% APY.
- Quontic Bank High Yield Savings: 4.50% APY.
Full list of editorial picks: best savings rates
- Affirm, 4.35% APY (read full review), funds insured by FDIC.
- Barclays, 4.35% APY (read full review), Member FDIC.
- Bask Bank, 5.10% APY, (read full review), Member FDIC.
- BMO Alto, 5.10% APY (read full review), funds insured by FDIC.
Which bank account will earn you the most money : CDs are best for individuals looking for a guaranteed rate of return that's typically higher than a savings account. In exchange for a higher rate, funds are tied up for a set period of time and early withdrawal penalties may apply.
Which bank gives the 7 interest rate on saving account
Best Savings Account Interest Rates for Deposits from Rs. 5 Lakh to Rs. 10 Lakh
| Bank | Interest Rate (p.a.) |
|---|---|
| Equitas Small Finance Bank Limited | 7.00% (Above Rs. 5 Lakh and up to Rs. 50 Crores) |
| Ujjivan Small Finance Bank Limited | 7.50% (Above Rs. 5 Lakh) |
| Fincare Small Finance Bank Limited | 7.50% (Above 5 lakh and including 25 lakh) |
Which bank gives 8% interest : Top 20 Scheduled Banks offering Best FD Rates
| Banks | Highest FD rate (% p.a.) | Additional interest rate for senior citizens (% p.a.) |
|---|---|---|
| RBL Bank | 8.00 | 0.50 |
| AU Small Finance Bank | 8.00 | 0.50 |
| Fincare Small Finance Bank | 8.00 | 0.50 |
| DCB Bank | 8.00 | 0.50-0.60 |
Compare Savings Accounts up to 5.55%
| Bank | Savings Account | Max Interest Rate |
|---|---|---|
| MOVE Bank | MOVE Bank Growth Saver ($1 – $25k) | 5.50% p.a. |
| BOQ | BOQ Future Saver Account ( < $50k) | 5.50% p.a. |
| Great Southern Bank | Great Southern Bank Goal Saver | 5.35% p.a. |
| Virgin Money | Virgin Money Boost Saver | 5.35% p.a. |
State Bank of India (SBI) provides the highest salary among all public sector banks in India. They will give an enormous amount of pay along with handsome perks, allowances, and benefits to the employees. SBI PO is one of the most demandable and desirable jobs in the Banking sector.
Where can I get 5% interest on my money
Nationally Available High Interest Account Rates from Our Partners
| Account Name | APY (Annual Percentage Yield) Accurate as of 5/16/2024 |
|---|---|
| Western Alliance Bank High-Yield Savings Premier | 5.36% |
| NexBank High Yield Savings Account | 5.26% |
| UFB Secure Savings | 5.25% |
| CIT Bank Platinum Savings | 5.00% (with $5,000 minimum balance) |
The Most Popular Banks for Millionaires
- JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said.
- Bank of America Private Bank.
- Citi Private Bank.
- Chase Private Client.
Top 20 Scheduled Banks offering Best FD Rates
| Banks | Highest FD rate (% p.a.) | Additional interest rate for senior citizens (% p.a.) |
|---|---|---|
| RBL Bank | 8.00 | 0.50 |
| AU Small Finance Bank | 8.00 | 0.50 |
| Fincare Small Finance Bank | 8.00 | 0.50 |
| DCB Bank | 8.00 | 0.50-0.60 |
The only financial institution account currently advertising interest payments above 7% is available from Landmark Credit Union, a credit union with more than 30 locations in Wisconsin that also offers its services online. The credit union's Premium Checking account lists potential interest earnings up to 7.50% APY.
What bank is giving 8% interest : So, you have to have the bank account to get them. The ones below [Saffron and Coventry building societies] aren't. So Nationwide pays the most interest – 8% for one-year variable.
Which bank gives 9.5 interest rate : Unity Small Finance Bank
| Bank Name | Interest Rates (%) (p.a.) | |
|---|---|---|
| Suryoday Small Finance Bank | 9.25 | 5 years |
| Ujjivan Small Finance Bank | 9 | 15 months |
| Unity Small Finance Bank | 9.5 | 1001 days |
| Utkarsh Small Finance Bank | 9.1 | 2 years to 3 years |
How can I get 10% interest
Where can I get 10 percent return on investment
- Invest in stock for the long haul.
- Invest in stocks for the short term.
- Real estate.
- Investing in fine art.
- Starting your own business.
- Investing in wine.
- Peer-to-peer lending.
- Invest in REITs.
Banks that offer 7% interest on savings accounts
- Landmark Credit Union Premium Checking (7.50% APY)
- Digital Credit Union Primary Savings (6.17% APY)
- Popular Direct High-Yield Savings (5.20% APY)
- TAB Bank High Yield Savings (5.27% APY)
- High-yield savings accounts.
- Certificates of deposit (CDs)
- Money market accounts (MMAs)
Key Takeaways:
- Chase is the largest bank in the country, holding over $3.38 trillion in assets.
- Bank of America is the second-largest bank with over $2.45 trillion in assets.
- Wells Fargo is the third-largest bank, holding over $1.7 trillion in assets.
How can I be a millionaire : How To Get Rich
- Start saving early.
- Avoid unnecessary spending and debt.
- Save 15% or more of every paycheck.
- Increase the money that you earn.
- Resist the desire to spend more as you make more money.
- Work with a financial professional with the expertise and experience to keep you on track.