Find the Best Bank Rates, Savings Interest Rates, Money Market Accounts, & High Yield Savings! See below for our exclusive list of Savings & Money Market Accounts with the highest interest rate in the U.S!
You’ll find all nationwide/state promotions, deals, and offers with full review for all your banking needs. All banks listed are federally insured by the FDIC for up to $250K per account. Make sure to read the terms and conditions for the official site.
Table of Contents
- 1 Savings Vs. Money Market Accounts
- 2 Editor’s Choice Best Savings Accounts
- 2.1 Chase SavingsSM Account Bonus Offer
- 2.2 Axos Bank High-Yield Savings 1.10% APY
- 2.3 Axos Bank High Yield Money Market 0.90% APY
- 2.4 CIT Bank Money Market Account 0.60% APY
- 2.5 Discover Bank Online Savings 0.60% APY
- 2.6 CIT Bank Savings Builder Account 0.55% APY
- 2.7 Citi Accelerate Savings account 0.90% APY
- 2.8 Ally Bank Online Savings 0.80% APY
- 3 Best Bank Rates 2020
- 4 Best State Bank Rates 2020
- 5 Savings/Money Market Offers You May Like
Savings Vs. Money Market Accounts
Money Market account(MMA) is very familiar to a traditional Savings Account. Their key similarities include both are simple and straightforward to open, FDIC insured, keeping your deposits safe. Both accounts will be limited on certain types of withdrawals per billing cycle (6 is the limit for these certain types by law).
What are their differences? Money Market accounts typically have more Checking-like features, such as electronic funds transfers, checks, debit cards and ATM withdrawals.
Savings accounts generally only allow access to fund via electronic funds transfers, telephone withdrawals, or in-person withdrawals at a branch. As you’ll notice below, Money Market accounts often require higher minimum balances to earn the rate.
Editor’s Choice Best Savings Accounts
The following rates are better than what will find at your local brick & mortar branch. Accounts from Discover Bank and CIT Bank are all available online, nationwide.
If you want a local branch, the Chase Savings account offers a nice sign-up bonus.
Chase SavingsSM Account Bonus Offer
Earn a $150 bonus when you open a new Chase SavingsSM account and deposit a total of $10,000 or more in new money within 20 days. You must also maintain a $10,000 balance for 90 days.
- What you’ll get: $150 bonus
- Eligible account: Chase SavingsSM
- Credit inquiry: Soft pull, which does not affect your credit
- Where it’s available: Online Nationwide except Alaska, Hawaii, and Puerto Rico (Bank Locator)
- How to earn it: Open a new Chase Savings℠ account and deposit $10,000 or more in new money within 20 business days, and maintain a $10,000 balance for 90 days.
- When you’ll receive it: After all requirements are met, you’ll receive the bonus deposited into your account within 10 business days.
- Monthly fee: $12; waived by doing one of the following:
- Keep a minimum daily balance of $300 or more in your savings account
- Have at least one repeating automatic transfer of $25 or more from your Chase personal checking account (available only through Chase OnlineSM Banking)
- Have a linked Chase Premier Plus CheckingSM, Chase Premier Platinum CheckingSM, or Chase Private Client CheckingSM account.
(Expires 10/14/2020)
Axos Bank High-Yield Savings 1.10% APY
Take your money further, faster and earn 1.10% APY with the High Yield Savings account from Axos Bank.
- Earn 1.10% APY on all balances
- No monthly maintenance fees.
- No minimum balance requirements.
- Interest compounded daily.
- $250 minimum balance to open an account
- FDIC insured
(FDIC Insured)
Axos Bank High Yield Money Market 0.90% APY
Enjoy the security of traditional savings with the advantage of high interest rates and limited transactions. Earn 0.90% APY on your funds with the High Yield Money Market account from Axos Bank.
- Current rate offer: 0.90% APY on all balances
- No fees. No minimum balance requirements
- $1000 minimum balance to open an account
- FDIC Insured
(FDIC Insured)
CIT Bank Money Market Account 0.60% APY
Get 0.60% APY with this new online Money Market account from CIT Bank.
- Current rate offer is 0.60% APY
- $100 minimum to open
- There are no opening, monthly servicing, online transfer or incoming wire fees.
- Deposit checks remotely and make transfers with the CIT Bank mobile app
- FDIC insured
(Rate is subjected to change)
Discover Bank Online Savings 0.60% APY
Open a Discover Online Savings Account and earn an interest rate of 0.60% APY on your funds.
- Earn high interest rate of 0.60% APY
- No minimum opening deposit, no minimum balance requirement, and no monthly fees
- Interest on Discover Online Savings Accounts is compounded daily and credited monthly
(See advertiser website for full details. Member FDIC.)
CIT Bank Savings Builder Account 0.55% APY
Get up to 0.55% APY with this new online Savings account from CIT Bank.
- Current rate offer: up to 0.55% APY
- $100 minimum to open
- There are no opening, monthly servicing, online transfer or incoming wire fees.
- Maintain at least a $25,000 balance OR make at least one single deposit of $100 or more each month to earn the highest rate.
(Rate is subjected to change)
Citi Accelerate Savings account 0.90% APY
Ally Bank Online Savings 0.80% APY
Best Bank Rates 2020
| Bank | Account Type | APY | Terms | Hard/Soft Pull | Review |
|---|---|---|---|---|---|
| Affinity Plus Federal Credit Union | Money Market | 2.02% | No min/$25K max | ? | Review |
| Neighbors Bank | High Yield Online Savings | 1.45% | $25 min/$250k max | ? | Review |
| Connexus Credit Union | MMA | 1.15% | $100K min/No max | ? | Review |
| Customers Bank | Market Savings Account | 1.10% | $25K min/No max | Soft Pull | Review |
| Smarty Pig | High Yield Savings | 1.10% | No min/No max | ? | Review |
| CFBank | MMA | 1.05% | $25K min/No max | ? | Review |
| Fitness Bank | Savings Account | 1.05% | $100 min/No max | ? | Review |
| Affirm | Online Savings | 1.00% | No min/No max | Soft Pull | Review |
| Aspiration ($100 bonus) | Spend & Save Account | 1.00% | $10/No max | ? | Review |
| Capital One 360 | Performance Savings | 1.00% | $10K min/No max | Soft pull | Review |
| Capital One 360 | 360 Checking | 1.00% | $100K min/No max | Soft Pull | Review |
| Capital One 360 | 360 Savings | 1.00% | No min/No max | Soft Pull | Review |
| CommunityWide Fed Credit Union | High Rate Quarterly Fund | 1.00% | $500 min/No max | ? | Review |
| First Foundation Bank | Online Savings | 1.00% | $1K Min/No max | ? | Review |
| Huntington Bank | Business Premier Money Market | 1.00% | $10K min/$2M max | Soft Pull | Review |
| Citibank | Citi® Accelerate Savings | 0.90% | No min/No max | Soft Pull | Review |
| CFG Bank | High Yield Money Market | 0.90% | $25K min/No max | ? | Review |
| ConnectOne Bank | Online Savings | 0.90% | $2.5K min/$250K max | ? | Review |
| TAB Bank | High Yield Savings | 0.90% | $1 min/No max | ? | Review |
| Vio Bank | High Yield Online Savings | 0.83% | No min/No max | Soft Pull | Review |
| Varo | Savings Account | 0.81% | No min/No max | ? | Review |
| SFGI Direct | Savings Account | 0.81% | $1 min/No max | ? | Review |
| All America Bank | Mega Money Market® Checking | 0.80% | No min/$50K max | Soft Pull | Review |
| Ally Bank | Online Savings Account | 0.80% | No min/No max | Soft Pull | Review |
| Bellco Credit Union | Premier Money Market Account | 0.80% | $50K min/No max | ? | Review |
| CIBC | Agility™ Online Savings | 0.80% | $1k min/$1M max | ? | Review |
| Citizens Access | Online Savings | 0.80% | $5k min/$250K max | ? | Review |
| Colorado Federal Savings Bank | Premier Savings | 0.80% | $50K min/No max | ? | Review |
| My e-BAnC | eRelationship Savings | 0.80% | $25K min/No max | Soft Pull | Review |
| PNC Bank (Many States) | High-Yield Savings | 0.80% | $1 min/$5M max | Soft Pull | Review |
| Redneck Bank | Mega Money Market | 0.80% | No min/$50K max | Soft Pull | Review |
| Salem Five Direct | High Yield Savings | 0.80% | No min/$1M max | Hard Pull | Review |
| Simple | Savings Account | 0.80% | $2K min/ No max | Soft Pull | Review |
| Spectrum Credit Union | MarketEdge Money Market Savings | 0.80% | $2.5K min/No max | ? | Review |
| Virtual Bank | eMoney Market | 0.80% | No min/ No max | ? | Review |
| Bank5 Connect | High Interest Savings | 0.75% | $100 min/No max | Hard Pull | Review |
| BankPurely | PurelyMoneyMarket | 0.75% | $25K min/No max | Soft Pull | Review |
| BankUnitedDirect | Money Market | 0.75% | $2.5K min/$250K max | ? | Review |
| Dollar Savings Direct | High Interest Savings | 0.75% | No min/ No max | ? | Review |
| iGoBanking | iGOmoneymarket® | 0.75% | $25K min/No max | Soft Pull | Review |
| Northern Bank Direct | Money Market | 0.75% | $5K min/$250K max | Soft Pull | Review |
| Popular Direct | Select Savings | 0.75% | $0.01 min/No max | Soft Pull | Review |
| Prime Alliance Bank | Personal Savings | 0.75% | $1 min/ No max | ? | Review |
| Quorum Federal Credit Union | HighQ Savings | 0.75% | No min/ No max | ? | Review |
| Synchrony Bank | High-Yield Savings | 0.75% | No min/ No max | Soft Pull | Review |
| TIAA Bank | Yield Pledge® Money Market | 0.75% | $500 min/$250K max | ? | Review |
| Western State Bank | High Yield Money Market | 0.75% | No min/$3M max | Soft Pull | Review |
| American Express | High-Yield Savings | 0.60% | No min/$5M max | ? | Review |
| CIT Bank | Money Market | 0.60% | $100 min/No max | Soft Pull | Review |
| Discover Bank | Online Savings Account | 0.60% | No min/No max | Soft Pull | Review |
| CIT Bank | Savings Builder | 0.55% | $100/25K min/No max | Soft Pull | Review |
| Discover Bank | Money Market | 0.50% | $100K min/No max | Soft Pull | Review |
| UFB Direct | High Yield Savings | 0.40% | $25K min/No max | Soft Pull | Review |
| Betterment | EverydayTMCash Reserve | 0.40% | $10 min/No max | ? | Review |
| BBVA | Money Market | 0.13% | No min/No max | Soft Pull | Review |
| SoFi $50 bonus | SoFi Money Account | 0.10% | No min/No max | ? | Review |
Best State Bank Rates 2020
Some best bank rates are only available in certain states with much higher interest rate than elsewhere. So if you are looking for alternative options and desire a physical branch nearby where you live to conduct your banking and savings needs, then browse through our listing below to see all the best high interest rates available in specific states.
| Bank | State | Account Type | APY | Terms | Review |
|---|---|---|---|---|---|
| SharePoint Credit Union | MN | eSavings | 3.00% | No min/$10K max | Review |
| Apco Employees Credit Union | AL | IRA Savings Account | 2.02% | $25 to earn high rate | Review |
| Central Minnesota CU | MN | My Goal Savings | 2.00% | $0+ minimum to earn high rate | Review |
| WauBank | AZ, CT, FL, MA, RI, TN, VA | High Yield Online Savings | 1.85% | $5K Minimum to earn rate | Review |
| Keesler Federal Credit Union | AL, LA, MS | High Interest Money Market Plus | 1.50% | $2,500K minimum to earn high rate | Review |
| Workers Credit Union | MA | SaveUP Savings Account | 1.18% | $0 min/$1k max | Review |
| Blue Ridge Bank & Trust Co. | KS, MO | Savings Account | 1.06% | $25 minimum to earn rate | Review |
| Home Loan Investment Bank | RI, MA | Savings Account | 1.05% | $50K to earn high rate | Review |
| Amboy Direct | NJ | eSavings Account | 1.01% | $1.00 min/$250,000 max | Review |
Savings/Money Market Offers You May Like
Find the best nationwide Savings/Money Market Rates and Bank Bonuses currently available. Definitely take a look at the HSBC Direct Savings and CIT Bank Savings Builder accounts offering you industry leading rates nationwide. Additionally, the Chase SavingsSM account has a nice sign-up bonus.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings has a nice sign-up bonus plus great rate. |
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| PROMOTIONAL LINK | OFFER | REVIEW |
| Chase SavingsSM | $150 Cash | Review |
| Axos Bank High-Yield Savings | 0.90% APY | Review |
| Axos Bank High Yield Money Market | 0.90% APY | Review |
| Simple | 0.80% APY | Review |
| American Express High Yield Savings | 0.60% APY | Review |
| CIT Bank Money Market | 0.60% APY | Review |
| Discover Bank Online Savings | 0.60% APY | Review |
| CIT Bank Savings Builder | 0.55% APY | Review |
| BONUS LINK | OFFER | REVIEW |
| Chase Total Business Checking® | $300 Cash | Review |
| Chase Premier Plus CheckingSM | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| Chase SavingsSM | $150 Cash | Review |
| Chase Private Client | $2,000 Cash | Review |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| HSBC Advance Checking Member FDIC | $200 Cash | Review |
| HSBC Advance Checking Member FDIC | Up To $240 | Review |
| Aspiration | $100 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington 25 Checking | $500 Cash | Review |
| Huntington 5 Checking | $200 Cash | Review |
| Huntington Asterisk-Free Checking® | $150 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| You InvestSM by J.P. Morgan | Up To $725 Cash | Review |
| Ally Invest | Up to $3,500 Cash | Review |
| Simple | 0.80% APY | Review |
Anthony,
I don’t ever usually leave posts but since the site isn’t providing accurate and updated Banking deposit fee information I thought I would. This is what I found so far;
BankUnitedDirect Money Market: Minimum Deposit of $2500 with a $15 monthly fee if it falls below the minimum amount. Early Account Closing fee of $15 if not opened for six months.
Earn Bank Money Market Account: Minimum Deposit $10,000 with a $10 monthly fee after the third month of account opening.
Please update this so your readers can have actual and true information. Thanks!
Tried three times to apply to Customers Bank for a 2.25 percent interest rate and it would not process. Stay away, it’s not worth the aggravation or the rate. I’m sure too, once they get enough depositors, they’ll lower the rate….thumbs down!!!!
Same problem with Customers Bank Ascent Money Market, failed 2 attempts to get signed up. Now they have all my private info. Is this some kind of scam?
Anthony,
Do you also post mortgage rates?
Hello Tasha,
We do not. Sorry.
Thank you so much Anthony for providing this valuable resource. If I had this years ago, my retirement portfolio would be awesome. Your a great resource!