US Savings Account Rate Cap (I:USSARC)
5.58% for Oct 2024
Level Chart
Basic Info
|
US Savings Account Rate Cap is at 5.58%, compared to 6.08% last month and 6.08% last year. This is higher than the long term average of 1.03%. |
| Report | National Rates and Rate Caps |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Deposit Insurance Corporation |
Stats
| Last Value | 5.58% |
| Latest Period | Oct 2024 |
| Last Updated | Oct 21 2024, 14:02 EDT |
| Next Release | Nov 20 2024, 11:00 EST |
| Long Term Average | 1.03% |
| Average Growth Rate | 4.14% |
| Value from Last Month | 6.08% |
| Change from Last Month | -8.22% |
| Value from 1 Year Ago | 6.08% |
| Change from 1 Year Ago | -8.22% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | For deposits less than $100,000. The National Rate is calculated by the FDIC as a simple average of rates paid by all insured depository institutions and branches for which data are available. |
Historical Data
| Date | Value |
|---|---|
| October 31, 2024 | 5.58% |
| September 30, 2024 | 6.08% |
| August 31, 2024 | 6.08% |
| July 31, 2024 | 6.08% |
| June 30, 2024 | 6.08% |
| May 31, 2024 | 6.08% |
| April 30, 2024 | 6.08% |
| March 31, 2024 | 6.08% |
| February 29, 2024 | 6.08% |
| January 31, 2024 | 6.08% |
| December 31, 2023 | 6.08% |
| November 30, 2023 | 6.08% |
| October 31, 2023 | 6.08% |
| September 30, 2023 | 6.08% |
| August 31, 2023 | 5.83% |
| July 31, 2023 | 5.83% |
| June 30, 2023 | 5.58% |
| May 31, 2023 | 5.58% |
| April 30, 2023 | 5.32% |
| March 31, 2023 | 5.32% |
| February 28, 2023 | 5.08% |
| January 31, 2023 | 5.08% |
| December 31, 2022 | 4.58% |
| November 30, 2022 | 3.83% |
| October 31, 2022 | 3.83% |
| Date | Value |
|---|---|
| September 30, 2022 | 3.08% |
| August 31, 2022 | 3.07% |
| July 31, 2022 | 2.33% |
| June 30, 2022 | 1.08% |
| May 31, 2022 | 1.08% |
| April 30, 2022 | 0.83% |
| March 31, 2022 | 0.83% |
| February 28, 2022 | 0.83% |
| January 31, 2022 | 0.82% |
| December 31, 2021 | 0.82% |
| November 30, 2021 | 0.81% |
| October 31, 2021 | 0.81% |
| September 30, 2021 | 0.81% |
| August 31, 2021 | 0.83% |
| July 31, 2021 | 0.83% |
| June 30, 2021 | 0.81% |
| May 31, 2021 | 0.81% |
| April 30, 2021 | 0.82% |
| March 29, 2021 | 0.79% |
| March 22, 2021 | 0.79% |
| March 15, 2021 | 0.79% |
| March 08, 2021 | 0.79% |
| March 01, 2021 | 0.79% |
| February 22, 2021 | 0.79% |
| February 15, 2021 | 0.80% |
News
Headline
Wire
Time (ET)
MT Newswires
11/12 08:16
MT Newswires
11/07 10:50
MT Newswires
11/06 12:48
MT Newswires
11/04 12:07
MT Newswires
10/28 07:38
Basic Info
|
US Savings Account Rate Cap is at 5.58%, compared to 6.08% last month and 6.08% last year. This is higher than the long term average of 1.03%. |
| Report | National Rates and Rate Caps |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Deposit Insurance Corporation |
Stats
| Last Value | 5.58% |
| Latest Period | Oct 2024 |
| Last Updated | Oct 21 2024, 14:02 EDT |
| Next Release | Nov 20 2024, 11:00 EST |
| Long Term Average | 1.03% |
| Average Growth Rate | 4.14% |
| Value from Last Month | 6.08% |
| Change from Last Month | -8.22% |
| Value from 1 Year Ago | 6.08% |
| Change from 1 Year Ago | -8.22% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | For deposits less than $100,000. The National Rate is calculated by the FDIC as a simple average of rates paid by all insured depository institutions and branches for which data are available. |