With interest rates so low, you should do all you can to make your money grow faster. By the editors of Kiplinger's Personal Finance From Kiplinger's Personal Finance, October 2013 Step 1 If you’ve been a loyal customer of a bank or credit union, see whether your institution will give you a higher interest rate on a savings or money market deposit account. Some banks, for example, offer higher rates on savings accounts if you have a checking account with them, too.See Also: 10 Best Ways to Earn More Interest On Your Savings Step 2 Compare what your bank offers with high-yielding accounts you find at www.depositaccounts.com and www.bankrate.com. Both tools show nationally available accounts that have the best interest rates, and you can enter your state or zip code to see the accounts from local institutions as well. Sponsored Content Step 3 Before you commit to an account, compare fees, such as monthly or annual charges, withdrawal penalties and inactivity fees. Also, check for minimum deposit or balance requirements, as well as any limit on how much of your deposit earns interest. Make sure your account is protected by the Federal Deposit Insurance Corp. or the National Credit Union Share Insurance Fund. The payoff You’ll pocket more money without sacrificing safety.