Key Takeaways The Huge Gap Between Big-Bank Rates and What You Can Earn at Just-as-Safe Smaller Banks With talk of an expected Federal Reserve rate cut in the headlines this week, savings rates are back in focus. But for most households, the bigger issue isn't the Fed's next move—it's how much your current savings account is paying. Many savers keep their money at Chase, Bank of America, or Wells Fargo simply because that's where they already bank. But that familiarity comes at a steep cost: All three insti ...