Find which banks have the best Savings account and Money Market Account rates here.
Savings accounts, CDs, checking accounts, and money markets each offer very different benefits, and very different interest rates. All banks listed are federally insured by the FDIC, so rest assured your money will be earning the highest possible interest rates in the safest environment.
Table of Contents
- 1 Best Savings Account Rates
- 1.1 Best Hub Bank Account
- 1.2 Discover Bank Online Savings $150/$200 Bonus + 2.15% APY
- 1.3 UFB Elite Savings 3.01% APY
- 1.4 UFB Elite Money Market 3.01% APY
- 1.5 Ponce Bank Money Market 3.00% APY
- 1.6 American First Credit Union Money Market 2.85% APY
- 1.7 Axiom Bank High-Yield Savings 2.75% APY
- 1.8 mph.bank Money Market 2.75% APY
- 1.9 SkyOne Federal Credit Union Money Market 2.75% APY
- 1.10 CIT Bank Savings Connect 2.70% APY
- 1.11 SoFi Checking & Savings $325 Bonus + 2.50% APY
- 1.12 Liberty Savings Bank High Yield Savings 2.50% APY
- 1.13 State Exchange Bank High-Yield Savings 2.35% APY
- 1.14 CIBC High Yield Savings 2.32% APY
- 1.15 Patriot Bank Money Market 2.25% APY
- 1.16 Quontic Bank High Yield Savings 2.15% APY
- 1.17 Capital One 360 Performance Savings 2.15% APY
- 1.18 Discover Money Market Up to 2.10% APY
- 1.19 Citizens Access Online Savings 2.10% APY
- 1.20 American Express® High Yield Savings account 2.00% APY
- 1.21 Quontic Bank Money Market 2.00% APY
- 1.22 Marcus by Goldman Sachs Online Savings 1.90% APY
- 1.23 CIT Bank Money Market 1.55% APY + Free Amazon Prime
- 1.24 Aspiration Save $50 Bonus + Up to 3.00% APY
- 2 Best Bank Account Rates – Nationwide
Best Savings Account Rates
The following Savings & Money Market Accounts are available to everyone to earn the highest interest rate possible! This means finding the kind of savings account that is best suited for your needs.
All banks listed are federally insured by the FDIC, so rest assured your money will be earning the highest possible interest rates in the safest environment.
Best Hub Bank Account
Nice interest earning a high, competitive rate account with no monthly fees, no minimum balances, and no minimum deposits.
- High dollar limitations for ACH transfers – When pushing money from CIT Bank to an external account, your daily limit can be as high as $250K per day. When pulling money from an external account, your daily limit is $500K per day.
- 1 business day ACH transfers speed – The standard transfer speed from CIT Bank to an external bank account is 1 business day. However, you can request a 1 day transfer when initiate an ACH transfer before 7:30 pm ET, Monday through Friday, and your funds will be available the next business day.
- Unlimited External Linked Accounts – You can add unlimited external linked accounts for ACH transfers. This is very helpful for those who are constantly moving money around for the highest interest rate.
Opening a CIT Bank Savings Connect is a soft pull and only $100 minimum.
(FDIC-Insured)
Discover Bank Online Savings $150/$200 Bonus + 2.15% APY
Discover Online Savings Account offers $200 or $150 bonus along with a competitive interest rate. This account is available online, nationwide. Member FDIC.
- Earn up to a $200 bonus along with a competitive interest rate of 2.15% APY!
- You must apply through HustlerMoneyBlog.com with promo code HMB922 by 12/15/2022.
- Fund your first savings account with a minimum of $25K within 30 days of account open date to earn the $200 bonus.
- Fund your first savings account with a minimum of $15K within 30 days of account open date to earn the $150 bonus.
- No minimum opening deposit, no minimum balance requirement, and no monthly fees.
- FDIC insurance up to $250,000.
(See advertiser website for full details)
UFB Elite Savings 3.01% APY
- Earn up to 3.01% APY*.
- No monthly maintenance fees.
- No minimum deposit required to open an account.
- Access your funds 24/7 with easy-to-use digital banking tools.
(FDIC insured)
UFB Elite Money Market 3.01% APY
- Earn up to 3.01% APY*.
- No monthly maintenance fees with a $5,000.00 balance, otherwise fee is $10.00 per month.
- No minimum deposit required to open an account.
- Access your funds 24/7 with easy-to-use digital banking tools.
- The UFB Elite Money Market offers the security of a savings account with check-writing privileges.
(FDIC insured)
Ponce Bank Money Market 3.00% APY
Expedite your savings with APYs significantly higher than the national average with Ponce Bank Money Market Account. Receive a competitive rate with the ability to withdraw or add funds whenever you like. Flexibility to withdraw as much as you want, whenever you want; there are no restrictions. I spoke to a CSR and it’s confirmed a Soft Pull for opening the account.
- 3.00% APY high-yield MMDA, 16.7x higher than national average.
- Interest compound Daily
- Interest credited Monthly
- Minimum opening deposit is $1
- No monthly fee or maintenance fee.
(FDIC Insured)
American First Credit Union Money Market 2.85% APY
2.85% APY money market deposit account, 19.0x higher than national average- Federally insured by NCUA. No fees. $1 minimum to open.
- 24/7 online access to funds.
- Interest compound Daily
- Interest credited Monthly
(NCUA Insured)
Axiom Bank High-Yield Savings 2.75% APY
2.75% APY high-yield savings account, 21.2x higher than national average.- FDIC insured. No fees. $1 minimum deposit.
- 24/7 online access to funds.
(FDIC Insured)
mph.bank Money Market 2.75% APY
Receive a competitive rate with the ability to withdraw or add funds whenever you like with mph.bank Money Market deposit account. Flexibility to withdraw as much as you want, whenever you want; there are no restrictions.
- 2.75% APY high-yield MMDA, 19.6x higher than national average.
- Deposits are FDIC insured through Liberty Savings Bank.
- No fees. $1 minimum deposit.
- 24/7 online access to funds.
(FDIC Insured)
SkyOne Federal Credit Union Money Market 2.75% APY
- Federally insured by NCUA.
- Start saving with as little as $1 minimum deposit.
- 24/7 online access.
- 2.75% APY high-yield MMDA, 18.3x higher than national average.
(NCUA Insured)
CIT Bank Savings Connect 2.70% APY
One of the best Savings account to keep as a Hub account. They have fast ACH speed typically 1 day with up to $2M transfer limit per day. You have all the benefits with CIT Savings Connect while earning 2.70% APY on all balances.
- Earn 2.70% APY on your funds—grow your savings faster.
- Earn a top tier, competitive APY on your money—one of the top savings rates in the nation.
- Deposit checks remotely and make transfers easily with the CIT Bank mobile app
- No monthly service fees.
(FDIC Insured)
SoFi Checking & Savings $325 Bonus + 2.50% APY
Set up direct deposit into a SoFi Checking and Savings account to earn $325 bonus and 2.50% APY on your money. Plus, pay no account or overdraft fees, get 2-day-early-paycheck, and more.
- What you’ll get: $325 Bonus + 2.50% APY
- Which account: SoFi Checking & Savings
- Where it’s available: Online nationwide
- How to earn it:
- In order to qualify for the bonus, an Eligible Participant must have $1,000 or more in total qualifying Direct Deposit transactions within any consecutive 30-day window during the Promotion Period.
(Expires 09/30/2022)
Liberty Savings Bank High Yield Savings 2.50% APY
Liberty Savings Bank uses the secure SaveBetter platform to offer savings products to savers nationwide. Customers open accounts at SaveBetter.com, and the platform manages all aspects of the products offered by Liberty Savings Bank, including a customer’s deposits and withdrawals, statements and any customer service needs.
- 2.50% APY* high-yield savings account, 25.0x higher than national average.
- FDIC insured. No fees.
- Minimum opening deposit is $1
- No monthly fee or maintenance fee.
(FDIC Insured)
State Exchange Bank High-Yield Savings 2.35% APY
With State Exchange Bank, you can expedite your savings with APYs significantly higher than the national average. Receive a competitive rate with the ability to withdraw or add funds whenever you like.
- 2.35% APY high-yield savings account, 20X higher than national average.
- FDIC insured. No fees.
- Locally-owned independent community bank
(FDIC Insured)
CIBC High Yield Savings 2.32% APY
Patriot Bank Money Market 2.25% APY
- 2.25% APY* high-yield MMDA, 17.08x higher than national average.
- FDIC insured. No fees.
- Financial solutions to help you do more of what you love
- Enjoy 24/7 online access to your account and funds.
(FDIC Insured)
Quontic Bank High Yield Savings 2.15% APY
Earn a competitive rate with the Quontic Bank High Yield Savings account.
- Earn 2.15% APY on your funds with a Quontic Bank High Yield Savings account.
- Quick and easy access to funds
- No Hidden or Monthly Service Fees
- Manage Your Account Online or with the Quontic Mobile App
- Digitally Driven, Bank Secured, FDIC Insured
(FDIC Insured)
Capital One 360 Performance Savings 2.15% APY
Discover Money Market Up to 2.10% APY
Discover Bank’s Money Market account offers 2.05% APY rate on balances up to $99,999. Those with a balance $100K and higher, you’ll earn 2.10% APY with easy cash access via ATM, debit, or check.
- Many free features including: money transfer , money withdrawal, deposit money, view your daily activity, or pay bills in just a few steps online or on your mobile phone
- Fund your first savings account with a minimum of $100K to earn the APY
- There is no hidden fees and get access to over 60,000 free ATMs.
- No minimum opening deposit, no minimum balance requirement, and no monthly fees.
- FDIC insurance up to $250,000.
(See advertiser website for full details)
Citizens Access Online Savings 2.10% APY
American Express® High Yield Savings account 2.00% APY
With the American Express® High Yield Savings account:
- Earn 2.00% Annual Percentage Yield (APY) as of 9/29/22
- Your high yield savings account earns interest daily and is posted to your account monthly.
- Links easily with your current bank accounts. No need to switch banks.
- No monthly fees, no minimum balance.
- 24/7 Account Access.
(FDIC Insured)
Quontic Bank Money Market 2.00% APY
Earn a competitive rate with the Quontic Bank High Yield Savings account.
- Earn 2.00% APY with a Quontic Money Market Account
- No Monthly Maintenance or Overdraft Fees
- $100 minimum deposit required to open an account
(FDIC Insured)
Marcus by Goldman Sachs Online Savings 1.90% APY
CIT Bank Money Market 1.55% APY + Free Amazon Prime
This limited time offer of a one-year Amazon Prime membership($139 value) is available to Customers who open a new CIT Bank Money Market account.
Customers will receive a one-year Amazon Prime membership1 provided that the following three requirements are met:
- Open a new CIT Bank Money Market account and enter the promotion code “AMZN22” at the time of account opening.
- Deposit at least $15,000 to the account within the first 15 calendar days following account opening (the “Funding Period”). The $15,000 used to fund the account must come from a funding source outside of CIT Bank. Transfers from existing CIT Bank accounts will not qualify.
- Maintain an end-of-day account balance of at least $15,000 each of the 60 days following the end of the Funding Period. If the end-of-day balance falls below $15,000 at any time during this 60-day period, you will not qualify for the Amazon Prime membership offer.
- Earn 1.55% APY on your funds— reach your savings goals with a CIT Bank Money Market account.
- Earn several times the national average
- Quick and easy access to funds
- No monthly service fees
- 24/7 secure & award-winning banking
- A limit of six transactions per statement cycle
- Deposit checks remotely and make transfers with the CIT Bank mobile app
(FDIC Insured)
Aspiration Save $50 Bonus + Up to 3.00% APY
To earn the $50 bonus, use your Aspiration debit card to make at least $250 in purchases within the first 60 days from account opening. Additionally, earn up to 3.00% APY up to $10K when you spend $1,000 or more monthly, using the Aspiration debit card.
- Up to 5% cash back on debit card purchases
- Unlimited fee-free ATM withdrawals at Allpoint ATMs
- Up to 3.00% APY on savings
- Deposits are FDIC-insured
- No hidden fees!
- Extra cash back for spending at socially-conscious businesses
(No Expiration Date)
Best Bank Account Rates – Nationwide
| Bank | Account Type | APY | Minimum/Maximum | Review |
|---|---|---|---|---|
| Elements Financial | Helium Savings Account | 3.25% | $2.5K min/No max | Review |
| Merchants Bank of Indiana | Money Market Savings Account | 3.05% | No min/No max | Review |
| UFB Direct | Elite Savings | 3.01% | No min/No max | Review |
| UFB Direct | Elite Money Market | 3.01% | No min/No max | Review |
| Ponce Bank | Money Market | 3.00% | $1 min/No max | Review |
| Dollar Savings Direct | Savings Account | 3.00% | No min/No Max | Review |
| Quorum Federal Credit Union | High-Yield Savings | 3.00% | $10K min/No max | Review |
| Bread Financial | High Yield Savings Account | 2.90% | No min/$1M max | Review |
| Enzo | Checking | 2.87% | No min/No max | Review |
| American First Credit Union | Money Market | 2.85% | No min/No max | Review |
| State Bank of Texas | Jumbo Money Market Account | 2.85% | $100K min/No max | Review |
| Brilliant Bank | Money Market Account | 2.80% | $1K min/$500K max | Review |
| BrioDirect | Savings | 2.80% | $25 min/No max | Review |
| Republic Bank | Digital Money Market | 2.76% | $2500 min/No max | Review |
| Axiom Bank | High-Yield Savings | 2.75% | $1 min/No max | Review |
| mph.bank | Money Market | 2.75% | $1 min/No max | Review |
| SkyOne Federal Credit Union | Money Market | 2.75% | $1 min/No max | Review |
| BankPurely | PurelyMoneyMarket | 2.75% | $25K min/No max | Review |
| Bask Bank | Interest Savings | 2.75% | No min/No max | Review |
| CFG Bank | Market Market Account | 2.75% | $1K min/No max | Review |
| First Foundation Bank | Online Savings | 2.75% | $1K min/No max | Review |
| iGObanking | Online Money Market | 2.75% | $25K min/No max | Review |
| Northern Bank Direct | Money Market Premier | 2.75% | $5K min/$250K max | Review |
| CIT Bank | Savings Connect | 2.70% | No min/No max | Review |
| Ivy Bank | High-Yield Savings | 2.70% | $2.5K min/$1M max | Review |
| Prime Alliance Bank | Personal Savings | 2.70% | $1 min/No max | Review |
| TAB Bank | High Yield Savings | 2.66% | $1 min/No max | Review |
| LendingClub | High-Yield Savings | 2.65% | No min/No max | Review |
| Personal Capital | Cash Account | 2.60% | No min/No max | Review |
| TotalDirectBank | Direct Money Market | 2.60% | $2.5K min/$500K max | Review |
| Wealthfront | Cash | 2.55% | No min/No max | Review |
| Liberty Savings Bank Savings | High-Yield Savings | 2.50% | $1 min/No max | Review |
| All America Bank | Mega Money Market® Checking | 2.50% | No min/$50K max | Review |
| Fitness Bank | Savings Account | 2.50% | $100 min/$250K max | Review |
| Quorum Federal Credit Union | HighQ Savings | 2.50% | No min/No max | Review |
| Redneck Bank | Mega Money Market | 2.50% | $1K min/$50K max | Review |
| Rising Bank | Online High Yield Savings | 2.50% | $1k min/$1M max | Review |
| USALLIANCE | High Dividend Savings | 2.50% | No min/No max | Review |
| Vio Bank | Money Market Account | 2.50% | No min/No Max | Review |
| Northpointe | Money Market | 2.45% | $25K min/$3M max | Review |
| Northpointe | Ultimate Savings | 2.45% | $25K min/$2M max | Review |
| State Exchange Bank | High Yield Savings | 2.35% | $1 min/No max | Review |
| CIBC | Savings | 2.32% | $1 min/$1M max | Review |
| Langley Federal Credit Union | Money Market Account | 2.30% | $1M min/No max | Review |
| Luana Savings Bank | Money Market Account | 2.27% | $750K min/No max | Review |
| Betterment | Cash Reserve | 2.25% | No Min/No max | Review |
| Patriot Bank | Money Market | 2.25% | $1 min/No max | Review |
| Barclays | Online Savings Account | 2.25% | $1 min/No max | Review |
| Paypal | Savings | 2.25% | No min/No max | Review |
| Popular Direct | High-Rise Savings | 2.25% | $5K min/No max | Review |
| Sallie Mae Bank | Money Market | 2.25% | No min/No max | Review |
| Smarty Pig | High Yield Savings | 2.25% | No min/No max | Review |
| Synchrony Bank | High Yield Savings | 2.25% | No min/No max | Review |
| CFBank | Money Market Account | 2.22% | $25K min/No max | Review |
| SFGI Direct | Online Savings | 2.21% | $1 min/No max | Review |
| Citi | Savings | 2.20% | $1 min/No max | Review |
| Colorado Federal Savings Bank | Premier Savings | 2.20% | $50K min/No max | Review |
| MyBankingDirect | High Yield Savings | 2.20% | $1 min/No max | Review |
| Valley Direct Online Savings | Online Savings | 2.20% | No min/No max | Review |
| Quontic Bank | High Yield Savings | 2.15% | No min/No max | Review |
| Colorado Federal Savings Bank | High Yield Savings | 2.15% | $1 min/No max | Review |
| Laurel Road | High Yield Savings | 2.15% | No min/$2M max | Review |
| Sallie Mae Bank | High Yield Savings | 2.15% | No min/No max | Review |
| First Internet Bank | Money Market | 2.12% | $4K min/$100K max | Review |
| Ally Bank | Online Savings | 2.10% | No min/No max | Review |
| Ally Bank | Money Market | 2.10% | No min/No max | Review |
| Citizens Access | Online Savings | 2.10% | No min/No max | Review |
| My e-BAnC | eRelationship Savings | 2.02% | No min/No max | Review |
| Connexus Credit Union | MMA | 2.01% | $100K min/No max | Review |
| American Express® | High Yield Savings account | 2.00% APY as of 9/29/22 | No min/$5M max | Review |
| Discover Bank ($200 Bonus) | Online Savings | 2.00% | No min/No max | Review |
| Chevron Federal Credit Union | MarketEdge Savings | 2.00% | $2.5K min/No max | Review |
| EmigrantDirect | Savings Account | 2.00% | No min/No Max | Review |
| E*Trade | Premium Savings | 2.00% | No min/No max | Review |
| Live Oak Bank | Savings | 2.00% | No min/No max | Review |
| Paramount Bank | High-Interest Checking | 2.00% | No min/$100K max | Review |
| Quontic Bank Money Market | Money Market | 2.00% | No min/No max | Review |
| Spectrum Credit Union | MarketEdge Money Market Savings | 2.00% | $2.5K min/No max | Review |
| Sun East Federal Credit Union | MAX-Yield Money Market Savings Account | 2.00% | $5K min/$250K max | Review |
| SoFi ($325 bonus) | Checking & Savings Account | 2.00% | No min/No max | Review |
| Varo | Online Savings Account | 2.00% | No min/No max | Review |
| Western State Bank | High Yield Money Market | 2.00% | No min/No max | Review |
| Discover Bank | Money Market | Up to 1.95% | $100K min/No max | Review |
| Marcus by Goldman Sachs | Online Savings | 1.90% | No min/$3M max | Review |
| Umbrella Bank | Money Market | 1.85% | $25K min/No max | Review |
| CNB Bank Direct | Premium Money Market | 1.81% | $25K min/$2M max | Review |
| Alliant Credit Union | High Yield Savings | 1.80% | No min/No max | Review |
| Bank7 | Online Money Market | 1.80% | No min/$1M max | Review |
| Bank7 | Online Savings | 1.80% | No min/$1M max | Review |
| Bethpage Federal Credit Union | Money Market | 1.75% | $500 min/No max | Review |
| CNB Bank Direct | High Yield Savings | 1.71% | $1 min/No max | Review |
| My eBanc | SuperSaver Money Market | 1.71% | No min/No max | Review |
| PenFed | Online Savings | 1.70% | No min/No max | Review |
| TIAA Bank | Basic Savings | 1.70% | $25 min/No max | Review |
| FNBO Direct | Online Savings | 1.65% | $1 min /$1M max | Review |
| Salem Five Direct | High Yield Savings | 1.65% | No min/$1M max | Review |
| Synchrony Bank | Money Market | 1.60% | No min/No max | Review |
| TIAA Bank | Money Market | 1.60% | $500/No max | Review |
| CIT Bank (Free Amazon Prime) | Money Market | 1.55% | No min/No max | Review |
| Affirm | Online Savings | 1.50% | No min/No max | Review |
| Chime ($100 bonus) | Checking Account | 1.50% | No min/No max | Review |
| ConnectOne Bank | Online Savings | 1.50% | $2.5K min/No max | Review |
| Customers Bank | Ascent Market Savings Account | 1.50% | $25K min/No max | Review |
| MySavingsDirect | MySavings | 1.50% | No min/No max | Review |
| T-Mobile Money | Checking Account | 1.50% | No min/No max | Review |
| Banesco | Money Market | 1.35% | $300 min/$1M max | Review |
| Banesco | BanesGrow Savings | 1.35% | $300 min/$1M max | Review |
| Affinity Plus Federal Credit Union | Superior MMA | 1.25% | $500 min/$25K max | Review |
| CommunityWide Fed Credit Union | High Rate Quarterly Fund Account | 1.20% | $1 min/No max | Review |
| National Cooperative Bank | Impact Money Market | 1.16% | No min/No max | Review |
| Vibrant Credit Union | Yellow Money Market | 1.15% | $100K min/No max | Review |
| Bank Onward (bo) | Online Savings | 1.00% | $250 min/No max | Review |
| Gateway First Bank Money Market | Money Market | 1.00% | $100k min/No max | Review |
| One Finance | Savings | 1.00% | No min/$25K max | Review |
While American Express is an advertising partner of HustlerMoneyBlog, the opinions and beliefs in this article are those of the author alone, who makes every effort to ensure the accuracy of the information.
Bread Financial’s High Yield Savings Account is at 1.15%Y
Thanks Gio! It has been updated.
The top rate you can presently acquire from a broadly accessible investment account is 0.70% yearly rate yield (APY), presented by Sallie Mae’s Smarty Pig account. That is in excess of multiple times the FDIC’s public normal for investment accounts of 0.06% APY, and it’s only one of the top rates you can find in our rankings below.1 Culled from our week after week rate research on in excess of 200 banks and credit associations that offer cross country bank accounts, even the 10th best rate on the rundown pays 0.55% APY
It would be helpful if your rates were updated more often. CF Bank hasn’t been 0.75 for over a month. It was 0.70 until recently and is now 0.60.
Gold Coast Bank only accepts new accounts for IL residents only.
Neighbors Bank has not accepted any new accounts for several months.
And who is going to do that? I would take a professional with complete determination, keeping a website up-to-date all the time.
Professionals like this don’t ‘do’ websites.
Clearly, professionals are not really professionals.
https://www.kaipermcu.org/accounts/thrive-rewards-checking/
Kaiser Permanente Credit Union–open to KP employees and health plan members is offering 2% on up to $10K. The usual reqmts: monthly DD of $250, 12 debit card purchases/mo., etc.
Farmer State is only for NE residents. It should not be listed as Nationwide!