CNBC Select defines compound interest, how it works and ways to take advantage of it if you're looking for a new credit card or somewhere to stash your cash.

Use our Compound Interest Calculator to see how your savings grow over time. Calculate future value with daily, monthly, or yearly compounding and optimize your investments.

Discover how to maximize your savings and investments with our comprehensive guide on how to use a compound interest calculator. Learn how to grow your wealth.

Compound interest is often referred to as the “eighth wonder of the world.” It is one of the most effective tools to grow your wealth over time. Unlike simple interest, where interest is ...

Best high-yield savings accounts of July 2025 Ensure you're earning the most interest possible with our top-rated high-yield savings accounts.

The Charles Schwab Investor Savings Account doesn’t charge monthly service fees and offers unlimited ATM fee rebates worldwide. But you can find higher savings rates elsewhere.

The best high-yield savings accounts help you earn more interest on your cash while keeping your money safe for short-term and medium-term financial goals.

Supercharge your savings with these excellent options for the best high-yield savings accounts—with APYs of 5% across the board, find an account made for you.

Present value is the amount of money needed to generate a specific return. Future value is the balance an account will accrue over time.