Banksparency
Your Platform for Transparent Banking
Banksparency is a data-driven platform designed to help you find the best financial tools for your money today. Whether you're saving for a rainy day or investing for the long-term, we provide daily updates so you can make informed decisions.
It is our hope that the data and the tools on this website will help you make informed decisions about your money and guide you to the best financial tools for your needs.
First, take a look at most recent average rates as reported by the FDIC* in the table below. This will help set expectations when it comes to the return on your deposit accounts.
๐ Latest FDIC National Average Rates
Savings Account | 0.41% |
Checking Account | 0.07% |
Money Market Account | 0.63% |
1-Month CD | 0.25% |
3-Month CD | 1.43% |
6-Month CD | 1.61% |
12-Month CD | 1.78% |
2-Year CD | 1.49% |
3-Year CD | 1.35% |
4-Year CD | 1.27% |
5-Year CD | 1.34% |
Data as of 3/17/2025
Perhaps it is the case that the average savings account rate is quite a bit higher than what you are currently earning.
But, what if we told you that there are plenty of banks out there that offer rates that are much higher than the national average? If that piques your interest, then you are in the right place. We have a database of banks and their rates that is updated (almost) daily*.
๐ FDIC National Average Rates Over Time
Start Comparing Today!
Find the best bank account for you now.
Latest articles on Banksparency:
- What happens if you ask Grok3 with DeepSearch to recommend high-yield savings accounts? - Published: 2/25/2025