Having $30,000 in your savings is a great emergency fund, but if it’s sitting in a traditional bank account earning nearly 0% interest, you’re missing out on growth.

After a couple of years of spiking interest rates in the wake of the pandemic, yields on savings accounts have been falling since late 2024, when the Federal Reserve began trimming its benchmark rate.

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 ...

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 ...

CD account interest rates remain competitive at the start of 2026. Here's what a good long-term CD account rate is now.

As the Federal Reserve decides its federal funds rate, here’s how it ripples through the economy and influences your finances.