Looking for the best Bank Rates & High Interest Savings 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.
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. Make sure to read their terms and conditions in order to get the high rate. Find the best bank rate available nationwide!
See many popular bank promotions to earn cash bonus from HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank or CIT Bank.
Table of Contents
- 1 Top Bank Account Rates
- 1.1 Discover Bank Online Savings $150/$200 Bonus
- 1.2 CIT Bank Savings Builder 2.40% APY
- 1.3 CIBC AgilityTM Online Savings 2.39% APY
- 1.4 HSBC Bank Direct Savings 2.30% APY
- 1.5 FNBO Direct Online Savings 2.25% APY
- 1.6 Synchrony Bank High Yield Savings 2.25% APY
- 1.7 Barclays Online Savings 2.20% APY
- 1.8 American Express High Yield Savings 2.10% APY
- 1.9 Capital One Money Market 2.00% APY
- 1.10 Discover Money Market Up to 2.00% APY
- 1.11 BBVA Compass ClearChoice Money Market 2.00% APY
- 2 Best Hub Bank Account
- 3 Best Bank Account Rates – Nationwide
- 4 High-Interest Reward Checking Accounts - Nationwide
- 5 Best State Bank Rates
Top Bank Account Rates
If you’re looking for a place to store your money, why not accrue some interest while you’re at it? The highest national yield Money Market and Savings Accounts in the U.S. 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.
Discover Bank Online Savings $150/$200 Bonus
- Earn up to a $200 bonus along with high interest rate of 2.10% APY!
- You must apply through HustlerMoneyBlog.com with promo code HMB519 by 6/3/2019.
- Fund your first savings account with a minimum of $25K by 6/17/2019 to earn the $200 bonus.
- Fund your first savings account with a minimum of $15K by 6/17/2019 to earn the $150 bonus.
- No minimum opening deposit, no minimum balance requirement, and no monthly fees.
- FDIC insurance up to $250,000.
- Discover Bank Online Savings Review
(See advertiser website for full details)
CIT Bank Savings Builder 2.40% APY
- Earn 2.40% 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.
- Build a habit of savings. Pay yourself first. Start with $100 per month and build your habit of savings—all while getting a top rate.
- CIT Bank Savings Builder Review
(FDIC Insured)
CIBC AgilityTM Online Savings 2.39% APY
- Earn a high 2.39% APY rate on your account.
- No monthly account maintenance fees.
- Get 24/7 access to your account with CIBC NetBanking or the CIBC US Mobile Banking App.
HSBC Bank Direct Savings 2.30% APY
- Get a rate of 2.30% APY on all balance tiers with a HSBC Direct Savings Account and no monthly maintenance fee.
- Minimum balance to earn APY is $1.
- Move money quickly and access your funds using online transfers.
- Depositing checks is as simple as taking a picture with your mobile device using HSBC Mobile Banking.
- Deposit products are offered in the U.S. by HSBC Bank USA, N.A.
- Terms
(Member FDIC)
FNBO Direct Online Savings 2.25% APY
- Open an account with as little as $1.
- No monthly fees.
- No minimum balance.
- Use Popmoney® to conveniently and securely send and receive money with your FNBO Direct accounts.
Synchrony Bank High Yield Savings 2.25% APY
- Earn 2.25% APY on your funds on all balances.
- Available online nationwide.
- No minimum balance requirement or monthly service fee.
- 24/7 online and mobile banking.
- Withdrawals online, by phone or ATM.
- Your deposit accounts are insured up to $250,000 per ownership category.
- Synchrony Bank High-Yield Savings Review
(FDIC Insured)
Barclays Online Savings 2.20% APY
- Earn 2.20% APY on your funds – an award-winning account with rates 20x the national average.
- No minimum opening balance or deposit required to open.
- Secure, 24/7 online access to your funds & tools to help you save.
- Online transfers to and from other banks.
- Direct deposit to make saving simple and easy.
- No monthly maintenance fees.
- Barclays Online Savings Review
(FDIC Insured)
American Express High Yield Savings 2.10% APY
- Earn 2.10% APY on your deposits.
- Your Personal 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.
- American Express High Yield Savings Review
(FDIC Insured)
Capital One Money Market 2.00% APY
- Earn 2.00% APY with $10,000 minimum deposit.
- No monthly fees to open or keep your account.
- Member FDIC.
Discover Money Market Up to 2.00% APY
- With a Discover Money Market account, earn high yields with flexible access to your cash.
- Earn 2.00% APY balances $100,000 and over.
- Earn 1.95% APY balances under $100,000.
- Available nationwide online.
- Open with as little as $2,500.
- No hidden fees. No surprises.
- Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs.
- Secure banking features.
- Discover Bank Money Market Review
(FDIC Insured)
BBVA Compass ClearChoice Money Market 2.00% APY
- Earn 2.00% Annual Percentage Yield for 12 months for accounts opened online.
- Earn this exceptional rate on your entire balance.
- $25 minimum opening deposit required.
- Get a competitive rate, with tiered interest to grow your money faster.
- Interest compounds and is credited monthly.
- Easily withdraw money in branch & at BBVA Compass ATMs w/no fees.
- Enjoy 24/7 online access with Online and Mobile Banking.
- BBVA Compass ClearChoice Money Market Review
(FDIC Insured)
Best Hub Bank Account
American Express Personal Savings Account – You earn a high interest rate within this account along with no minimum deposits or monthly fees. Amex Personal Savings has been my favorite Hub account for the last few years. Here’s why:
- No dollar limitations for ACH transfers – When you find a top bank rate account, you don’t want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
- 1 to 2 business days ACH transfers speed – With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
- No loss of interest during transfers – On the day you initiate your transaction on the Personal Savings website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express Personal Savings include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Best Bank Account Rates – Nationwide
| Bank | Account Type | APY | Minimum/Maximum | Inquiry | Review |
|---|---|---|---|---|---|
| All America Bank | Mega Money Market | 2.50% | No min/$50K max | Soft | Review |
| Customer Bank | High-Yield Savings | 2.50% | $25K min/No max | Soft | Review |
| Investors Bank | eAccess MMA | 2.50% | No min/$2M max | Soft | Review |
| Redneck Bank | Mega Money Market | 2.50% | No min/$50K max | Soft | Review |
| Superior Choice Credit Union | Choice Investment Money Market | 2.50% | $50K min/No max | ? | Review |
| USALLIANCE Financial | High Dividend Savings | 2.50% | $500 min/No max | Soft | Review |
| Vibrant Credit Union | Purple Money Market | 2.50% | $100K min/No max | ? | Review |
| WebBank | High Yield Savings | 2.50% | $1K/$500K max | ? | Review |
| Western State Bank | Money Market | 2.50% | No min/$3M max | Soft | Review |
| Comenity Direct | High-Yield Savings | 2.48% | $1 min/$10M max | ? | Review |
| Banesco USA | BanesGrow Savings Account | 2.47% | $300 min/No max | ? | Review |
| Earn Bank | Savings Account | 2.46% | No min/No max | ? | Review |
| VIO Bank | High-Yield Savings | 2.46% | No min/No max | ? | Review |
| BankPurely | MMA | 2.45% | $25K min/$500K max | Soft | Review |
| iGObanking | MMA | 2.45% | $25K min/No max | Soft | Review |
| MemoryBank | MMA | 2.45% | No min/$1M max | Soft | Review |
| Rising Bank | High Yield Savings | 2.45% | $1K min/$500K max | ? | Review |
| UFB Direct | Premium Money Market | 2.45% | $25K min/No max | Soft | Review |
| UFB Direct | High Yield Savings | 2.45% | $25K min/No max | Soft | Review |
| CIT Bank | Savings Builders | 2.40% | $25K min/No max | Soft | Review |
| MySavingsDirect | Online Savings | 2.40% | No min/No max | Soft | Review |
| My eBAnC | eRelationship Savings | 2.40% | $25K min/No max | ? | Review |
| Quontic Bank | MMA | 2.40% | $100K min/No max | ? | Review |
| TAB Bank | High Yield Savings | 2.40% | No min/No max | ? | Review |
| CIBC Bank | Savings Account | 2.39% | No min/$1M max | ? | Review |
| North American Savings Bank | High Rate Savings | 2.38% | $50K min/$5M max | Soft | Review |
| Citibank (Many States) | Savings Account | 2.36% | No min/No max | Soft | Review |
| Popular Direct | Savings Account | 2.36% | $5K min/No max | Soft | Review |
| VirtualBank | eMoney Market | 2.36% | No min/No max | ? | Review |
| Bank7 | Online Savings Account | 2.35% | $100 min/$1M max | Soft | Review |
| Bank7 | Online Money Market | 2.35% | $5K min/$1M max | Soft | Review |
| Bay State Savings Bank | Money Market | 2.35% | No min/No max | ? | Review |
| BMO Harris Bank | Platinum Money Market Account | 2.35% | $5K min/No max | Soft | Review |
| Citizens Access | Online Savings | 2.35% | $5K min/No max | ? | Review |
| PNC Bank (Many States) | High Yield Savings | 2.35% | No min/$5M max | Soft | Review |
| PurePoint Financial | Online Savings | 2.35% | $10K min/No max | Soft | Review |
| CommunityWide Fed Credit Union | High Rate Quarterly Fund Account | 2.30% | $500 min/No max | ? | Review |
| HSBC Bank Member FDIC | Direct Savings | 2.30% | $1 min/No max | Soft | Terms |
| Live Oak Bank | Online Savings | 2.30% | No min/$5M max | ? | Review |
| Northpointe Bank | Ultimate Money Market | 2.30% | $25K min/$1M max | Soft | Review |
| Salem Five Direct | eOneSavings | 2.30% | No min/$1M max | Hard | Review |
| Sallie Mae Bank | MMA | 2.30% | No min/No max | Soft | Review |
| Wealthfront | Cash Savings Bank | 2.29% | $1 min/No max | ? | Review |
| Banesco USA | Money Market Account | 2.27% | $100,000 min/No max | ? | Review |
| MutualOne Bank | Savings Account | 2.27% | No min/$1M max | ? | Review |
| SFGI Direct | Savings Account | 2.27% | No min/No max | ? | Review |
| Customer Bank | Ascent MMA Savings | 2.25% | $25K min/No max | Soft | Review |
| FNBO Direct | Online Savings | 2.25% | No min/$1M max | ? | Review |
| Marcus By Goldman Sachs | Online Savings | 2.25% | No min/$1M max | Soft | Review |
| My eBanc | Money Market Account | 2.25% | $5K min/$No Max | ? | Review |
| Northfield Bank | Platinum Savings | 2.25% | No min/$100K max | Hard | Review |
| Pacific National Bank | Money Market | 2.25% | $5K min/$240K max | ? | Review |
| Presidential Bank | Money Market Savings | 2.25% | $25K min/No max | ? | Review |
| SoFi Money | Checking/Savings | 2.25% | No min/No max | ? | Review |
| State Farm Bank | Money Market Savings | 2.25% | $1K min/$5M max | ? | Review |
| Synchrony Bank | High Yield Savings | 2.25% | No min/No max | Soft | Review |
| USALLIANCE | Money Market Savings | 2.25% | $250K min/$10M max | Soft | Review |
| Ally Bank | High-Yield Savings | 2.20% | No min/No max | Soft | Review |
| Barclays | Online Savings | 2.20% | No min/No max | ? | Review |
| IncredibleBank | Money market | 2.20% | $300K min/No max | ? | Review |
| Betterment | Smart Saver Savings | 2.18% | No min/$1M max | ? | Review |
| Colorado Federal Savings Bank | Premier Savings Account | 2.15% | $50k/No max | ? | Review |
| Empower Bank | Online Savings | 2.15% | No min/No max | ? | Review |
| TIAA Bank | Money Market | 2.15% | $5K min/$250K max | ? | Review |
| Community Bank of Pleasant Hill | Premier Money Management Account | 2.14% | No min/No max | ? | Review |
| Community Bank of Raymore | Premier Money Management Account | 2.14% | No min/No max | ? | Review |
| Varo | Savings Account | 2.12% | No min/No max | ? | Review |
| Alliant Credit Union | High-Yield Savings | 2.10% | No min/No max | Soft | Review |
| American Express | High-Yield Savings | 2.10% | No min/$5M max | ? | Review |
| Discover Bank ($200 Bonus) | Online Savings | 2.10% | No min/No max | Soft | Review |
| E*Trade | Premium Savings | 2.10% | No min/No max | Soft | Review |
| Sallie Mae Bank | High-Yield Savings | 2.10% | No min/No max | Soft | Review |
| Bank5 Connect | High-Interest Savings | 2.05% | $100 min/No max | Hard | Review |
| NEXBank | High Yield Money Market | 2.05% | $25k min/No max | ? | Review |
| Radius Bank | High-Yield Savings | 2.05% | $25K min/No max | Hard | Review |
| Quorum Federal Credit Union | HighQ Savings | 2.05% | No min/No max | ? | Review |
| First Internet Bank | Money Market | 2.02% | $100 min/No max | Soft | Review |
| BankUnitedDirect | Money Market | 2.01% | $2,500 min/No max | ? | Review |
| UmbrellaBank | Money Market | 2.01% | $1K min/No max | ? | Review |
| Aspiration ($25 bonus) | Spend & Save | 2.00% | $10K min/No max | Soft | Review |
| American Heritage Credit Union | High Yield Savings | 2.00% | $10K min/$1M max | ? | Review |
| Bethpage Federal Credit Union | Money Market Account | 2.00% | $500 min/No max | Soft | Review |
| Capital One | Business Advantage Savings Account | 2.00% | $250 min/$1M max | Soft | Review |
| Capital One 360 ($100 bonus) | Money Market | 2.00% | $10K min/No max | Soft | Review |
| Colorado Federal Savings Bank | High Yield Savings Account | 2.00% | $1/No max | ? | Review |
| Discover Bank | MMA | 2.00% | $100K min/No max | Soft | Review |
| Elements Financial | Premium MMA | 2.00% | $2.5K min/No max | Soft | Review |
| Hanscom Federal Credit Union | High-Yield Savings | 2.00% | $25K min/No max | ? | Review |
| Midfirst Direct | High Yield Online Savings | 2.00% | No min/No max | Soft | Review |
| Mutual Bank of Omaha | Online Money Market Account | 2.00% | $1K min/$1M max | ? | Review |
| One American Bank | Freedom High-Yield Savings | 2.00% | $50K min/No max | ? | Review |
| PenFed Credit Union | Online Savings | 2.00% | $5 min/$100K max | ? | Review |
| United Bank(Many States) | Prime Money Market | 2.00% | $1 min/$500K max | ? | Review |
| CIT Bank | Money Market | 1.85% | $100 min/No max | Soft | Review |
| CIT Bank | Premier High Yield Savings | 1.55% | No min/No max | Soft | Review |
| Capital One 360 ($25 bonus) | 360 Checking | 1.00% | $50K min/$100K max | Soft | Review |
| Capital One 360 ($25 bonus) | 360 Savings | 1.00% | No min/No max | Soft | Review |
High-Interest Reward Checking Accounts - Nationwide
For those who are willing to do some extra work each month, you may want to sign up for a Rewards Checking Account (RCA). To earn the higher-than-normal APR as compared to a savings account, you must enroll in eStatements, set up monthly direct deposit or ACH transfers, then make a minimum number of debit card transactions. While the rate may be high, there is a cap usually between $10K to $20K on the high interest rate.
| Bank or Credit Union | Account Type | APY | Maximum | Inquiry | Review |
|---|---|---|---|---|---|
| Consumers Credit Union | Free Rewards Checking | 5.09% | $10,000 | Hard | Review |
| TAB Bank | Kasasa Cash | 4.00% | $50,000 | Soft | Review |
| Orion Federal Credit Union | Premium Checking | 4.00% | $30,000 | Hard | Review |
| One American Bank | Kasasa Cash | 3.50% | $10,000 | Soft | Review |
| Partner Colorado Credit Union | High Interest Checking | 3.50% | $10,000 | Hard | Review |
| Heritage Bank | eCentive Account | 3.33% | $25,000 | Soft | Review |
| Market USA FCU | Platinum Tier Rewards Checking | 3.01% | $15,000 | ? | Review |
| All America Bank | Ultimate Rewards Checking | 3.00% | $10,000 | Soft | Review |
| Coastal Credit Union | Go Green Checking | 3.00% | $10,000 | ? | Review |
| Evansville Teachers FCU | Vertical Dividend Checking | 3.00% | $20,000 | Soft | Review |
| INOVA Federal Credit Union | Shield Checking | 3.00% | $15,000 | ? | Review |
| Signature Federal Credit Union | Choice Checking | 3.00% | $15,000 | Soft | Review |
| Lake Michigan Credit Union | Max Checking | 3.00% | $15,000 | Hard | Review |
| MainStreet Bank | Kasasa Cash | 3.00% | $15,000 | ? | Review |
| USE Federal Credit Union | Kasasa Cash | 3.00% | $10,000 | ? | Review |
Best State Bank Rates
Some bank rates are only available for these States with higher interest rate than you can find anywhere else. You may be interested in them because you want a physical branch where you live. We listed below all the best high interest rates if you are fortunate to live in the respective State below.
| Bank | State(s) | Account Type | APY | Minimum/Maximum | Review |
|---|---|---|---|---|---|
| American Eagle Federal Credit Union Avon Branch* | CT | Money Market Account | 3.50% | No min/$100K max | Review |
| Delaware County Credit Union | PA | Money Market Account | 2.75% | $2.5K minimum to earn high rate | Review |
| Grow Financial Federal Credit Union | FL, NC, SC | Money Market Account | 2.75% | $1K minimum to earn high rate | Review |
| Heartland Bank | OH | MMA | 2.75% | $25k minimum to earn high rate | Review |
| College Savings Bank | AZ | Honors Savings | 2.53% | $250 minimum to earn high rate | Review |
| First Home Bank | FL | Advantage Money Market | 2.50% | $50K minimum to earn high rate | Review |
| HarborOne Bank | CT, ME, MA, NH, RI, VT | Remarkable Savings | 2.50% | $5K minimum to earn high rate | Review |
| Poppy Bank | CA | Poppy Savings | 2.50% | $10k minimum to earn high rate | Review |
| Great Southern Bank | AR, IA, KS, MN, MO, NE, OK, TX | Money Market | 2.48% | $2.5k minimum to earn high rate | Review |
| CFG Community Bank | MD | Money Market | 2.45% | $25k minimum to earn high rate | Review |
| Mutual Bank | MA | Leader MMA | 2.44% | $1k minimum opening deposit | Review |
| Guilford Savings Bank | CT | Money Market Account | 2.42% | No min/$1M max | Review |
| TBK Bank | TX | Money Market | 2.40% | $100K minimum to earn high rate | Review |
| Kearny Bank | NJ, NY | MMA Plus | 2.38% | $1M minimum to earn high rate | Review |
| UMB | AZ, CO, IL, MO, NE, OK, KS, TX | Money Market | 2.32% | $10k minimum to earn high rate | Review |
| MapleMark Bank | OK, TX | MMA | 2.26% | $25k minimum to earn listed rate | Review |
| General Electric Credit Union | OH | Money Market Account | 2.25% | $25K minimum to earn high rate | Review |
| Metro Credit Union | MA | High Yield Savings Account | 2.25% | $25K minimum to earn high rate | Review |
| Clinton Savings Bank | MA | eXPERIENCE Online Savings | 2.20% | $100 minimum opening deposit | Review |
| Apco Employees Credit Union | AL | IRA Share Account | 2.02% | $25 minimum to earn high rate | Review |
| Beal Bank | AZ, CA, CO, FL, GA, IL, KS ,MD, MA, MI, MN, NJ, NY, NV, OR, PA, VA, WA | MMA | 2.01% | $25K minimum opening deposit | Review |
| Unified Bank | OH | MMA | 2.01% | $20k minimum to earn high rate | Review |
| Bank of the Finger Lakes | NY | Simply Smart Money Market | 2.00% | $1,000 minimum to earn high rate | Review |
| Central Minnesota CU | MN | My Goal Savings | 2.00% | $0+ minimum to earn high rate | Review |
| Citadel FCU | PA | High Yield Savings | 2.00% | $10k minimum to earn high rate | Review |
| Home Loan Investment Bank | RI, MA | Premier Savings | 2.00% | $50k minimum to earn high rate | Review |
| Truity Credit Union | AR, KS, OK, TX | Name It Save It Savings | 2.00% | On balances up to $50k | Review |
| PROMOTIONAL LINK | RATE | REVIEW |
| CIT Bank Savings Builder | 2.40% APY | Review |
| HSBC Direct Savings Member FDIC | 2.30% APY | Review |
| Discover Bank Online Savings | 2.10% APY + $200 Cash | Review |
| American Express High Yield Savings | 2.10% APY | Review |
| Synchrony Bank Savings | 2.25% APY | Review |
| Barclays Online Savings | 2.20% APY | Review |
| Betterment Smart Saver Savings | 2.19% APY | Review |
| BBVA Compass ClearChoice Money Market | 2.00% APY | Review |
Related posts:
Community Financial Services Bank Rewards Checking Account: Earn up to 2.25% APY
Capital One 360 Money Market Promotion: Up To $500 Bonus + 2.00% APY (Nationwide)
Security State Bank Rewards Checking Account: Earn up to 3.00% APY (KS)
Scott Credit Union Rewards Checking Account: 4.05% APY On Balances Up To $25,000 (MO, IL)
ted says
May 7, 2019 at 12:10 amThe very best is Ford Interest Advantage………………….but not insured, but went thru the 2007-2009 recession without a scratch. They offer it a checking, can be linked at your broker but 5 business day hold after deposit. This quick……..apply Wednesday and transfer on Friday after entering test deposits, Monday the money is there. But you must download a signature card and get it notorized and then wait to request checks. I earn top notch interest on my dividends as they come in and transfer large cash in from the broker in between trades……….but the 5 day hold gets in the way…..maybe. Currently 2.65% and 2.69% apr. ………..No restrictions on withdraws other than the 5 day hold…………….paychecks/government check do not get held
Michael says
December 8, 2018 at 8:36 pmI use your site now regularly. Thanks for developing the best and most updated MM account list online. So now…. I can give back a little now… Pentagon Federal now has a Premium Online Savings at 2%.
https://www.penfed.org/accounts/premium-online-savings
Thanks for your good work.
Gary says
November 13, 2018 at 10:50 amUnion Bank has 18mo to 23 mo CD $10,000 min @ 2.90% APY
18 – 23 Month CD*
Account Balance Rate APY%
$10,000 – 24,999.99 2.86 2.90
$25,000 – 49,999.99 2.86 2.90
$50,000 – 99,999.99 2.86 2.90
Paul Maliszewski says
September 29, 2018 at 9:30 amApplied for HSCB 2.01% several weeks ago and they still haven’t opened the account. Application process is very long and must verify income, address, identity, etc. for verification. After sending them documents, I still haven’t heard back from them.
may says
October 3, 2018 at 7:23 pmi agree, hsbc 2.1% process is too long to stand. i applied it on 9/18 and after a lot phone calls, finally got it yesterday. a full 14 days.
rahul says
June 20, 2018 at 7:54 amI got an alert from Northern Bank Direct:
Please be advised that the promotional Money Market APY of 2.26% will no longer be available for new accounts opened on or after 9:00 AM Eastern Standard Time on 6/20/18
Brian says
March 18, 2018 at 3:41 pmSalem Five Direct offers 1.85% Savings rate for balances $.01 to $1,000,000.
https://www.salemfivedirect.com/
Steven says
January 3, 2018 at 6:03 pmNow 1.60%
Hank says
November 23, 2017 at 7:02 amExtremely happy with Dollar Savings Direct thus far. Started at 1.4% a couple months ago, recently raised to 1.5%. I suspect as Federal Reserve continues raising rates over the next 12 months, so too will Dollar Savings Direct and all these other places.
It’s about time savers began to get some return on their money – but we have a long way to go. I recently came across a box of old financial records and in it were a couple CD purchase confirmations from Fidelity from August 1989 – both for 3 month CDs paying 8.3% and 8.35% APY…I may need to frame them.
Wang Harrington says
November 5, 2017 at 3:19 amI currently have a State Bank of Texas Jumbo Money Market that pays 1.55% APR with minimum $100,000 deposit. FDIC insured up to $250,000 for a single account holder.
F. Kaucher says
November 28, 2017 at 7:43 pmI have it also and have been very happy with it.
SA says
May 11, 2017 at 1:15 pmYou have written here it will be a HP for CIT bank. However, in your review on CIT bank it says SP. Please let me know is it a SP or HP?
Anthony Nguyen says
May 11, 2017 at 1:55 pmSoft Pull
Customer says
March 29, 2017 at 1:41 pm1.35% 10 month CD
John says
December 21, 2016 at 12:58 amAll America Bank is now only 1.25% APY
Daniel says
December 15, 2016 at 4:57 amPlease add TD Bank 1.25 APR for balances 25K+
Tom A. says
November 10, 2016 at 2:57 pmThere’s also a tool you can use at SiftSwift. com to find higher yielding accounts that match your criteria. It looks for the best options on the tradeoff curve between higher interest rate and liquidity (shorter duration).
Alex Trodder says
April 7, 2016 at 6:58 pmI know that one of the keys to being financially stable is to put your money to work for you. You make a good point about how by using money market accounts you can secure more competitive interest rates for your savings. I’ll have to remember your list of rates when I open a money market account to make sure that I am getting an interest rate that is about 1% or more.
[email protected] says
March 31, 2016 at 9:19 amThe Union Plus Prepaid Debit Card program is NOT accepting new accounts.
On July 15, 2015, all current Union Plus Prepaid Debit Card cardholders were sent communication from the program provider, Rev, informing them the program will terminate on September 15, 2015.
Ken says
March 31, 2016 at 9:09 amAlly is 1%, not 0.1% 😉
Anthony Nguyen says
March 31, 2016 at 2:01 pmThanks Ken.
Ken says
February 9, 2016 at 10:49 amIs it possible to park $100k in EverBank to get the 1.60% rate and then pull everything out after 6 months when the rate drops to 0.60%? Or do you need to keep the money in there for an entire year before pulling?
Brea says
December 10, 2015 at 3:13 pmI’m surprised I’ve never seen you mention Consumer’s Credit Union. I live out of state and both my husband and I have accounts that earn interest of 5.09% on $20,000. We’ve been with them over a year and we love their online banking, and have nothing but good things to say about them. https://www.myconsumers.org/personal/checking/free-rewards-checking.html
Anthony Nguyen says
December 10, 2015 at 3:24 pmI have written about it before. I don’t include them on this list because it’s a rewards checking which means you have to make 12+ purchases and spend $1000+ with their credit card to earn the high rate.
Brea says
December 12, 2015 at 5:28 pmActually you can earn 3.09% without a credit card, then if you do get a credit card you can get 4.09% with 12 CC transactions and 5.09% if you spend $1000/mo. Seems to me 12 transactions on your debit card, is in line with the other bank offers I’ve seen you post.
jourdan graham says
November 14, 2015 at 2:32 pmHey can anyone give me the Minimum balance, fees, dividends, rates, APY APR for BBT money market account School project
Manish Hathiramani says
November 5, 2015 at 1:55 amVery very nice information for Savings & Money Market Accounts holder.
frozy says
July 11, 2013 at 8:35 pmWhat about amex personal savings – .85%
Jennifer says
June 18, 2013 at 4:11 pmHello, love your site with tons of good info! Just thought I’d let you know that the savings rate at CIT Bank has gone down to .85% (unfortunately) and you still show it as 1.0%.
Regards,
Jennifer
Jennifer says
August 16, 2015 at 8:33 amCIT Bank is now at 1.05% as of 8/16/2015. I think BankRate shows it at 1.00%.
Gordon says
December 13, 2012 at 9:16 pmI highly recommend smartypig. I am able to make multiple accounts and direct deposit part of my paycheck there and create new accounts easily to segregate goals. Great rate too, can’t say much about the other banks though. I should look into getting a better rate if it’s available for no fee.
chris michael says
May 31, 2012 at 1:28 pmwhat is the best rate of IRA account today
Average_Joe says
March 11, 2012 at 7:45 pmLow interest rates is a punishment for people who save money. People who took huge loan and bought houses they could not afford are now taking a free ride by going foreclosed and not paying mortgage’s/rent worth years, while the people who lived within their means, cut corners and saved are being punished by not getting their moneys worth and paying the hidden tax of low interest rates, their savings are being systematically raped by low interest rates.
El-Ajedrecista says
May 5, 2012 at 2:18 pmUnfortunately, you are collateral damage. The alternative to low interest rates would have been a deeper and longer recession with more unemployment and a greater drop in incomes. Saving is a vital part to any economy, because it spurs investment, (you can’t eat the dollars you save) but letting interest rates spike due to a monetary contraction caused by a banking crisis is the road to disaster. (1929 all over again) To my mind however, the zero risk securities were yielding a lot for many years during the great moderation. The two year note was paying five percent. In this environment you have to actually take on risk to get a nice yield. Many blue chips have a nice dividend with some reasonable chance for capital appreciation. If you are after fixed income, but with a higher yield (and more risk), try emerging market sovereign debt, or high yield corporate bonds (aka “junk bonds”)… There are tons of ETFs and mutual funds out there…. If you simply have a high aversion to risk, try to ride it out for a few years until economic conditions allow the FED to unwind its balance sheet and return to normal monetary policy. Furthermore, be thankful that this whole mess is temporary and there is light at the end of the tunnel. Japan suffered from deflation for years and has basically had to keep its policy rate at zero since 1990! Hopefully, we were be able to tighten monetary policy by late 2014 as the FED has already communicated.