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Brian McKay

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Brian is the Co-Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.

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| October 26, 2026 | 5 min read

Average Standard Savings Rates Fall to 0.748% as High-Yield Savings Rates Hold at 2.047%

Standard savings rates fell 0.042 points to 0.748% between October 20 and October 26. High-yield savings rates held steady at 2.047%, and jumbo savings rates fell 0.010 points to 1.184%.

Standard savings rates fell 0.042 points to an average 0.748% between October 20 and October 26, the largest change of the five categories. Rates on high-yield savings accounts held steady at 2.047%, from 2.048%, and credit union savings rates held steady at 0.271%. Jumbo savings rates fell 0.010 points to 1.184%, and business savings rates fell 0.006 points to 0.547%.

Standard savings rates fell 0.042 points to 0.748%

Savings rates by account category, national average APY since April 13

Average APYs from MonitorBankRates.com's nightly collection, the same series this report's figures come from, updated daily.

Standard savings rates, the rate on a basic savings account, averaged 0.790% a week earlier and 0.748% this week. The 0.748% average is calculated from 5,974 rates at 2,469 institutions. On a $25,000 balance, it pays about $187.00 over a year, against $511.75 at the 2.047% high-yield average.

High-yield savings rates held steady; jumbo and business savings rates fell

The average high-yield savings rate held steady at 2.047%, from 2.048%, and credit union savings rates held steady at 0.271%, from 0.268%. Jumbo savings rates fell 0.010 points to 1.184%, from 1.194%, and business savings rates fell 0.006 points to 0.547%, from 0.553%.

The five averages are calculated from 721 high-yield, 418 jumbo, 5,974 standard, 807 business, and 1,993 credit union savings rates, reported by 269, 126, 2,469, 468, and 1,220 institutions.

Weekly change by savings category (percentage points)

Average APYs, October 20 to October 26. Green bars rose; red bars fell.

Savings APYs by category compared with October 20

Savings account rates and the September 16 Fed increase

The Federal Reserve's target range has been 3.75% to 4.00% since its September 16 increase, the first since 2023, and is unchanged 40 days later. A savings rate is variable: a bank can change the rate on accounts its customers already hold, and the timing and size of each change is the bank's choice.

Interest on a $25,000 balance at each savings average

At the 2.047% high-yield average, a $25,000 balance earns about $511.75 over a year; at the 1.184% jumbo average it earns about $296.00, at the 0.748% standard average about $187.00, and at the 0.271% credit union average about $67.75. The savings goal calculator works out the monthly deposit needed to reach a target, and the CD vs. high-yield savings calculator lines up a CD and a savings account side by side; both start from today's average rates, computed from rates published by more than 8,000 banks and credit unions and updated every day. Savers checking local offers can line up Ohio savings rates against these national averages, and category history is on our savings rate history page.

Savings category averages as of October 26

High-yield savings rates average 2.047%, jumbo savings 1.184%, standard savings 0.748%, business savings 0.547%, and credit union savings 0.271%. Savings rates are variable, and each bank sets the timing and size of its own changes.

Savings rate questions for October 26

What are savings account rates this week?

The average high-yield savings APY is 2.047% as of October 26, 2026, from 2.048% on October 20. The average standard savings APY is 0.748%, from 0.790%.

Which savings rates fell this week?

Standard savings rates fell 0.042 points to 0.748%, jumbo savings rates fell 0.010 points to 1.184%, and business savings rates fell 0.006 points to 0.547%. High-yield and credit union savings rates held steady.

How much interest does a $25,000 savings balance earn?

About $511.75 over a year at the 2.047% high-yield average, and about $187.00 at the 0.748% standard savings average.

How many savings rates are in these averages?

The averages are calculated from 19,929 savings rates collected from 3,975 banks and credit unions.