Featured Savings Rates
Featured Accounts

Compare Savings Account Rates

Interest rates on savings accounts vary greatly. That is why we check rates daily at more than 5,000 U.S. banks and credit unions…so that it is easy for you to find the best savings account rate.

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210 Results

Nationwide Only
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Popular DirectPopular Direct Exclusive Savings - New Account Rate
2.00%*
--$500
Salem Five DirecteOne Savings - New Money Only28 Reviews
1.85%*
-$1m$463
DollarSavingsDirectDollar Savings Account22 Reviews
1.80%
--$450
Bank 7High Rate Online Savings1 Review
1.80%
$100$1m$450
Incredible BankIncredible Savings25 Reviews
1.76%*
$25k-$440
PurePoint FinancialOnline Savings
1.75%*
$10k-$438
1.71%*
-$250k$428
ableBankingMoney Market Savings7 Reviews
1.70%
$250-$425
1.70%
-$5m$425
SFGI DirectSFGI Direct Savings Account9 Reviews
1.61%
--$402
Goldman Sachs Bank USAHigh-yield Online Savings Account114 Reviews
1.60%
-$1m$400
Amalgamated BankOnline Savings
1.60%
--$400
FNBO DirectOnline Savings16 Reviews
1.60%
-$1m$400
Sallie Mae BankHigh-Yield Savings49 Reviews
1.55%
--$388
CIT BankPremier High Yield Savings233 Reviews
1.55%*
--$388
1.50%
$100-$375
1.50%
--$375
BarclaysOnline Savings Account203 Reviews
1.50%
--$375
Radius BankRadius High-Yield Savings32 Reviews
1.50%*
$2,500-$375
McGraw Hill FCUS3 Prime Savings
1.45%
$100-$362
SmartyPigSmartyPig Savings20 Reviews
1.40%*
-$250k$350
BankPurelySavingPurely
1.30%
--$325
1.30%
--$325
Bank of Internet USASmart Savings Account56 Reviews
1.30%
--$325
UFB DirectUFB Premium Savings51 Reviews
1.30%*
$25k-$325
Utah First FCUDedicated Savings2 Reviews
1.25%
$50-$312
Hanscom FCUHigher-Yield Savings3 Reviews
1.25%
$25k-$312
1.25%
--$312
1.16%*
$15k$1,500k$290
1.12%
--$280
1.06%
$25k-$265
Capital One360 Savings Account366 Reviews
1.00%
--$250
Communitywide FCUHigh Rate - Quarterly5 Reviews
1.00%*
$500-$250
1.00%
--$250
1.00%*
$10k-$250
1.00%
--$250
MySavingsDirectMySavings Account38 Reviews
1.00%
--$250

Displaying 1-40 of 210 Results


Savings Account Rates

The savings account table above allows you to compare savings account rates offered by financial institutions like online banks, credit unions, community banks, and big banks. The best savings account rates are published at the top of the rate table and decrease in APY as you scroll down. Feel free to filter the results by location and investment amount for customized results.

Savings Account Rate History – Average APY (%) Rate Trend over Time

What Is A Savings Account?

A savings account is defined by Regulation D of the Federal Reserve Board guidelines as a bank deposit for which there is no expiration date, nor a specific date on which it becomes payable to the depositor. Savings accounts are not considered “transactional” because the number of withdrawals account holders are allowed to make is restricted each month (currently 6 withdrawals/month). Financial institutions pay varying degrees of interest in exchange for your deposit, with the online savings account usually offering some of the highest interest rates.

How To Use A Savings Account

Saving money is one of the primary functions and benefits provided by a savings account. The savings account helps consumers to manage their money better and provides security for your cash. For consumers already with a checking account, opening a savings account can serve as a backup to prevent overdrafts from occurring. A wise strategy is to establish an emergency savings account with enough funds to cover up at least 3 months of expenses. High yield savings accounts are the best option for emergency savings, as you will earn the higher rates of return on your reserves. ACH transfers are another benefit that makes it easy to transfer funds to and from various accounts.

Money Market Accounts are similar to savings accounts, but differ mainly in two ways: MMAs typically offer limited check writing and have minimum balance requirements. Savings accounts typically do not.

Many consumers compare savings accounts regularly as a part of their savings plan, in order to take advantage of the highest savings account rates available at any given time. DepositAccounts has a savings calculator that will tell you how much compounding interest you can expect from a given account over a certain period of time. Multiple savings accounts can be advantageous as well, especially if you have, or plan to have, an online savings account. Having an account on the web and on the ground (in the form of physical bank branches) could help you take advantage of higher rates while maintaining personal banking relationships.




* The APY (Annual Percentage Yield) shown is based on the deposit amount selected. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.