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Average US Savings Account Rate (2026)

0.38%
FDIC national average savings rate — live as of October 1, 2026 via FRED
Summary

The FDIC national average savings account APY is just 0.42% in 2026 — but the top high-yield savings accounts (HYSAs) at online banks pay about 3.5-4.2%, roughly 10× the national average. The Fed funds rate (3.75-4.00% after the September 2026 hike) caps how high HYSA APYs can go without bank losses.

Breakdown

FDIC national avg savings0.38%
Top HYSA APYs (Sept 2026)3.5-4.2%
Top HYSA premium vs national avg~10×
Fed funds rate (upper bound)4.00%
Avg American HYSA balance$8,400
Source
FDIC National Rates· As of 2026-10-01

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All Pulsafi stats are sourced from primary government data and major financial institutions. Read the full methodology and data-sources page.