The Best Savings Account 2024. So $20,000 will earn you $800 in 12 months. — the average savings account interest rate you can get today for accounts with a $2,500 minimum deposit is 0.23%.
— say you put $1,000 in a savings account at the average interest rate of 0.45% with daily compounding. — assess your financial requirements, prioritize convenience, and compare products from respected institutions such as hdfc, icici, and sbi.