The national average checking account interest rate is 0.07% APY as of February 2026, per FDIC data. See how rates compare and where to find a better rate.

The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

Learn how these common accounts compare (and why you should probably use both) ...

Not all checking accounts pay interest. Among those that do, the numbers are pretty dismal — the average only pays 0.07%, according to the latest government data. Despite those low returns, dozens of ...

Capital One’s checking account earns interest and has no minimum balance. Monthly fee: None. Special features: The checking rate is 0.10% APY for any balance. Other pros: 360 Checking account holders ...

APY represents the real return on deposit accounts and other interest‑bearing products. Here’s how it works and why it’s useful for savers ...

MarketWatch Picks highlights items we think you’ll find useful; we are independent of the MarketWatch newsroom. We might earn a commission from links in this content. Learn more The average rate on an ...