Although the information provided by Informa Research Services, Inc. has been obtained from the various institutions, accuracy cannot be guaranteed. The interest rates on bank savings accounts as well as bank fixed deposits have been on the downward trend. Money Market Account Rates: Average APYs are based on Money Market Accounts of $10,000. The bank offers two slabs of interest on the savings account. HDFC Bank savings account interest rate â 3.50%. However, there are a few banks which are still offering a high interest rate ⦠Latest Savings Account Interest Rates from Top Banks. The top rate you can currently earn from a nationally available savings account is 0.81% annual percentage yield (APY), offered by Varo Bank.That's more ⦠The interest rate and APY may change. Learn more. Find below High and Low Saving Account Interest Rates(Updated on 21 Dec 2020): Bank Name Interest Rate; HDFC Bank Savings Account: 3.50% - RBIâs Repo Rate plus 2 basis points ICICI Bank Savings Account: 3.5% - 4.00% High Yield Savings Rates: Average APYs are based on High Yield Savings Accounts of $10,000. Average Interest Rate for Savings Accounts. While it was once easy to find a savings account at your local bank offering rates upwards of 3%, rates dropped precipitously following the Great Recession, ⦠This is a guideline the Federal Reserve sets to ⦠The interest rates banks set on everything from deposit accounts to loans and credit cards are related to the federal funds rate. A Regions LifeGreen Savings account provides you all of the extras you can expect with your high balance relationship. See the best savings interest rates for this month. The bank has around 6,000 branches in around 2800 cities across the country. Access your bank account or open a bank account online. Knowing how interest on savings accounts works can help investors earn as much as possible on the money they save. HDFC Bank is one of the most popular private banks in India. The best online savings accounts can help you fund your goals faster. Karur Vysya Bank savings account interest rate â 2.75% #9. Your interest begins to accrue no later than the business day Fifth Third receives credit for ⦠HDFC Savings Account Interest Rate. Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. Let's say you have $1,000 in the bank and the account earns 1% interest. Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. The bank may change the interest rate and APY at any time without notice. The Fifth Third Health Savings Account earns interest. 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