How to Find the Highest Interest Rates

If you're trying to borrow money, whether it's for a home loan or credit card, you're most likely going to hunt for the lowest interest rates possible. But if you're trying to save your money for the future, you want the opposite. Look for the highest interest rates on the market before opening a savings account. Investigate the highest rates by checking online financial websites.

Instructions

1

Check Bankrate (see Resources) for the highest interest rates on the market. Bankrate publishes updated rates on various types of savings accounts, including CDs (certificates of deposit) and investment accounts. Review the rates nationally or narrow them down to local figures by entering your city and state. You can also compare the highest available rates on a variety of different types of savings accounts.

2

Visit the Credit Unions Online website (see Resources) to find the highest interest rates. Credit unions commonly offer the best interest rates compared with standard banks. Select your state from the list and investigate the various credit unions in the area. Click to the website to review the latest rates available.

3

Find the highest interest rates on the market at the Money Rates website (see Resources). You can find the highest rates on CDs, basic savings, money market and also basic checking accounts. In addition to publishing the rates, the website also allows you to enter how much money you plan to invest and compare rates from various banks to find the highest one available. You can also review national rates as a glance.