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Pulsafi

Average US Savings Account Rate (2026)

0.42%
FDIC national average savings APY
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 4.0-4.5%, roughly 10× the national average. The Fed funds rate at 4.50% caps how high HYSA APYs can go without bank losses.

Breakdown

FDIC national avg savings0.42%
Top HYSA APYs (2026)4.0-4.5%
Top HYSA premium vs national avg~10×
Fed funds rate4.50%
Avg American HYSA balance$8,400
Source
FDIC National Rates· As of 2026-Q1

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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.