Savings Account Rates Today October 2026 | Up to 10.52%
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Savings account rates range from 4.00% to 10.52% APY, verified by MonitorBankRates as of October 20, 2026. Current national savings rates include Quail Creek Bank offering LINQUP Savings at 10.52% APY, First FSB of Twin Falls offering SuperSaver Savings at 10.47% APY, Panhandle Credit Union offering Rising Tide Youth Share at 10.00% APY, Service Federal Credit Union offering Deployed Warrior Savings at 10.00% APY, and Avestar Credit Union offering Round Up Savings Account at 10.00% APY. Savings rates as of October 20, 2026 according to verified data from MonitorBankRates.
Online savings accounts have revolutionized personal banking by offering interest rates that significantly outperform traditional brick-and-mortar banks. Without the overhead of physical branches, online banks pass these savings directly to you in the form of higher APYs and lower fees. Whether you’re building an emergency fund or saving for a major purchase, a high-yield savings account is one of the safest ways to grow your money faster. For the accounts paying the most right now, see our best high-yield savings accounts.
Savings rates reflect recent market quotes and representative offers available to depositors nationwide. Savings Rates Last Updated and Verified: October 20, 2026
Current National High-Yield Savings Account Rates
Must be 30 years old or younger to qualify; Earn 10.52% APY on the first $1,000 deposited, standard savings APY on balances of $1,000.01 and above; match of initial deposit up to $50; additional $50 incentive with EZ-Allowance or Direct Deposit ($50 max); Unlimited deposits; Up to six withdrawals per month; Matches and incentives good through June 2025
Qualifications Required; Balance: Below $500.01; Qualifying balance up to $500.00; Interest is compounded and credited monthly; If eligibility requirements are not met, the interest rate is 0.10% with an APY of 0.10%
Balance: $5 - $1,000; Rate = 0.050% | APY* 0.05% for balances $1,000.01 & over.
Balance: $0.00 - $10,000.00; Service members deployed in combat zones; Contact us to determine eligibility; Direct deposit of net pay required
Balance: $0.01 to $5,000
Qualifying balance up to $5,000.00
- Oct 19, 202610.00%▲ from 0.05%
- Sep 22, 20260.05%first recorded
Balance: Up to $1000.00
Balance: $1 - $1,000; Qualifying balance up to $1,000.00
Ages: 0-12; Balance: $0.00 - $500.00; First $500 on deposit earns 9.57% interest for 10.00% APY; funds above $500 earn the regular savings rate; $1 for each A or B on semester report card (max two report cards per school year); $5 Superstar Savings Sticker bonus once 20 stickers or $100 saved (max $25/year per youth account); must open in branch
Qualifying balance up to $1,000.00
Promotional rate on qualifying SavingsPlus account balances (homepage featured rate)
Balance: $1 - $6000
Qualifying balance up to $500.00; APY=Annual Percentage Yield; primary savings account special terms for new members; rates effective November 1, 2024
Qualifying balance up to $500.00; APY=Annual Percentage Yield; primary savings account special terms for new members; rates effective November 1, 2024
Qualifying balance up to $500.00; APY=Annual Percentage Yield; primary savings account special terms for new members; rates effective November 1, 2024
Qualifying balance up to $500.00; 0.25% dividend rate paid on balance above $500.00
Balance: $0.00 - $1,000.00; Qualifying balance up to $1,000.00; 1.00% APY on balances over $1,000; Rate shown on homepage Today's Rates, October 19, 2026
Qualifying balance up to $500.00; Minimum membership deposit $5.00 into Regular Share Savings Account; See full reward savings details and account requirements
Balance: $25.00 - $2,500.00; Qualifying balance up to $2,500.00; Regular Savings; Dividend Paid: Quarterly
Must be opened in a branch; not available online; limit one Youth Startup Account per member; funds transfer to primary membership savings at 18th birthday
Ages: 0-19; parent/guardian joint signer required; Balance: $0.00 - $500.00; regular savings rate applies to balances above $500; no monthly fee or minimum balance
Balance: $0-$1500.00
Balance: $0.01 to $1,000.00
Balance: $0.00 - $1,000.00
- Sep 18, 20267.00%▲ from 0.25%
- Sep 14, 20260.25%first recorded
Balance: $0 - $1,000.00
Balance: $0.01 - $1000.00; Dividends paid quarterly; Must have an Avadian checking account and debit card to open
Balance: $0.00 - $500.00; Youth account for ages 0-19 with parent/guardian joint signer; Dividends quarterly
Balance: $0.00 - $2,000.00
Balance: $0.00 - $1,000.00; Preferred dividend rate on balances up to $1,000; Available to youth up to age 221/2, or 261/2 with paperless eStatements; Open via Digital Banking, Member Contact Center, or branch
Student defined as child 18 years or younger; only one student share per qualifying SSN; Max deposit of $2,500.00
Balance: $0.00 - $10,000.00; Promotional rate on first $10,000.00; balances above $10,000.00 earn the regular Money Market rate; no minimum balance required to earn dividends; dividends paid monthly
Balance: $5 to $500; Qualifying balance up to $500.00; Dividend rate and APY may change every quarter
Balance: up to $2000; SmartStart APY is a blended rate of the funds in each tier
Club Accounts
Balance: $0.00 - $2,500.00; Dividends monthly
Balance: $0 - $1,000
Balance: $0.00 - $2,500.00; balances over $2,500 earn 0.01% APY on remaining balance; One Stash Savings account per member
Anticipated rates; Must be school/college employee and set up payroll deduction
APY as of 9/01/2026 if balance is above $5; promoted rate paid on entire balance when maintained at $5.01 and above; no interest on balances $5.00 and below; earn on Debit Card Round Up and Share Certificate dividends (excludes HSA and IRA); $5.00 monthly inactivity fee if no activity within previous 12 months; consumer accounts only
Balance: $0.01 - $1,000.00; Must be 17 years old or younger to open with parent or legal guardian; transferred to Primary Savings the quarter after 18th birthday
Balance: $0.01 to $700.00; Earn 6.00% APY on the first $700 deposited and 0.05% APY on balances above $700; Limit one Six7 savings account per person; Monthly paper statement fee avoidable with eStatements
Qualifying balance up to $1,000.00
Balance: $0.00 - $25,000.00
Dividend Minimum: $50.00; Certificated and classified school employees of Board approved SEGs are eligible for the Summertime Savings bonus rate; maximum deposit per month is $3,000
Balance: $25 - $2,500; School Employees only, working 10 month schedules to help save for summer months; Requires an electronic direct deposit between $25-$2,500 monthly deposit; No cash or checks deposit allowed; Minimum average daily balance required to earn dividends
Get a $25 bonus when your account balance reaches $1,000
Age: 0-21; No minimum balance; Dividend Credited: Monthly; Balances above $2,500.00 are paid the standard share savings rate
Balance: $0.00 - $5,000.00; Qualifying balance up to $5,000.00; For owners age 17 and under; one account per owner; converts to Savings Account at age 18
Balance: $0.00 - $750.00
Qualifying balance up to $3,000.00
Qualifying balance up to $3,000.00
Published APY range: 5.88% to 5.99%. Balance: $1,000.01 - $1,044.68; Must be 17 years old or younger to open with parent or legal guardian; transferred to Primary Savings the quarter after 18th birthday
Program year June 15, 2026 - June 15, 2027; monthly direct deposit or payroll deduction of $50 - $2,000 required; one-time additional deposit of up to $2,000 allowed; dividends paid quarterly and at maturity June 15, 2027; limit 1 account per member
Balance: $0-$2,000
Balance: $0-1,000
Balance: up to $1,000; no monthly fees; no minimum balance; for children and teens under 19
Balance: $0.00 - $500.00; Qualifying balance up to $500.00; No minimum balance or deposit necessary; Only one account per primary membership; APY effective 4/16/2026 and subject to change
Balance: $0-$1,000
Ages: under 12; Balance: first $500 deposited; Youth savings account, initial $5 deposit to establish membership
Dividends Paid: Monthly
Ages 0-17 or older with current Student ID
Qualifications Required; Balance: $0 - $5,000.00; Qualifying balance up to $5,000.00
Minimum Balance for Dividend: N/A; Dividends compounded & credited: Quarterly
Balance: $0 to $1000
Earn up to 5.12% APY
Balance: $0 - $1,000; Rates accurate as of 10/1/2026
Balance: $25 - $500; Introductory APY limited to one account per tax-reporting owner; available on accounts opened between October 17, 2026 and December 31, 2026; requires $25 new money from another financial institution and maintaining $25 minimum balance for first three months; rates are variable and may change monthly; dividends paid monthly
- Oct 19, 20265.12%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Balance: $25 - $500; Introductory APY limited to one account per tax-reporting owner; available on accounts opened between October 17, 2026 and December 31, 2026; requires $25 new money from another financial institution and maintaining $25 minimum balance for first three months; rates are variable and may change monthly; dividends paid monthly
- Oct 19, 20265.12%▲ from 0.70%
- Oct 14, 20260.70%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Accumulation Shares have a $50.00 opening balance; $20.00 deposit required monthly; converts to a 3 month certificate once balance reaches $550.00
Balance: .01- 50,000.00; Available to active first responders, educators, military personnel, healthcare workers, and veterans; requires an open Citizens Bank checking account; funds over $50,000 earn the regular savings rate
Balance: .01- 50,000.00; Maximum balance eligible to earn 5% interest is $50,000; funds in excess of $50,000 earn the regular savings account rate; account holders age 21 or below; at least one adult owner 18+ with an open Citizens Bank checking account; variable rates
Utah residents only; 4.10% variable base APY plus 1.00% Rebrand Boost through January 31, 2027; Rebrand Boost applies to balance up to $500,000.00; Balance: $0.00 - $500,000.00; Online account opening; Online application
- Oct 7, 20265.10%▲ from 4.00%
- Oct 2, 20264.00%▼ from 5.00%
- Sep 18, 20265.00%first recorded
Save money automatically by using your BSB debit card. Interest rate may change at bank's discretion. APY accurate as of September 18, 2026. No minimum balance required to obtain the advertised APY. No minimum opening deposit.
- Oct 4, 20265.10%▲ from 0.23%
- Sep 14, 20260.23%first recorded
Paid: Quarterly
Balance: $0.00 - $500.00; Premium rate on first $500; APY effective 07/01/2026; Open Online; No minimum balance required to earn APY; Balances above $500 earn 0.25% APY
Special interest rate; Qualifying balance up to the first $500.00; balances above $500 paid at current rate
Qualifying balance up to $5,000.00; Balance: $0.01 - $5,000
Balance: $0.01 - $24,999.99
Balance: first $1,000 on deposit; amounts over $1,000 receive the current savings dividend rate; special rate limited to one Youth/Teen/Milestone Savings Account per minor; converts to a regular Share Savings Account at age 22
Balance: $0.01 - $1,000.00; Apply in branch; Limited to one Youth Savings account per child; converts to Statement Savings at age 17
Debit card: Yes; For kids 7 and under; Prizes for deposits over $10; Annual birthday surprise
Savings accounts carousel card; Rates effective 9/25/24
Balance: $0 - $500.00
Balance: $0 - $15,000.00; Qualifications, limits, and other requirements apply
Qualifying balance up to $10,000.00; Dividends compounded and paid monthly; Rates effective July 1, 2025
Balance: $0.00 - $500.00
Balance: $5 - $5,000; Max. to Earn APY: $5000; 5.00% APY applies to balance up to $5,000
Balance: $500.00 - $999.99; No minimum balance is required; Limit 1 per membership; Checking with a debit card required to open account; Not eligible for combination with business or youth savings accounts
Balance: Up to and including the first $2,000.00
Balance: $1 - $100
Balance: $.01-$1,000.00
Balance: $0.00 - $1,000.00; Qualifying balance up to $1,000.00
Balance: $5-$1,000; Minimum Required to Earn APY: $5
Balance: $0.00 - $5,000.00; Youth Savings Account (ages 0-17); Minimum balance to obtain APY: $0.01; Annual Percentage Yield; Fees may reduce earnings
Balance: $0 - $2,499.99
Balance: $0.01 - $1,000.00; Promotional rate for members under 18 only; Converts to Club Account at age 18; Account opening requires a branch appointment; Balances over $1,000.00 earn the regular share rate (0.05% variable APY)
Earn 5.00% APY on savings as part of the Axos ONE checking and savings bundle; up to $2.5 MM in expanded coverage under Axos Insured deposit program
Up to 5.00% APY on savings; part of Axos ONE savings and checking bundle; no monthly maintenance, balance, opening, or overdraft fees; early payday up to 2 days early; up to $2.5 MM expanded coverage under Axos Insured deposit program
- Oct 14, 20265.00%▲ from 4.21%
- Sep 30, 20264.21%first recorded
Rate effective 12/12/25; Unitus Rewards is only available with Unitus Checking; earn 5 for each debit purchase of $5.00 and up, plus opt-in round-up
Rates valid as of 10/15/2026
5.00% APY on automated savings; no monthly fees; Business Spending (checking) account
Rates as high as
- Oct 5, 20265.00%▲ from 4.40%
- Sep 14, 20264.40%first recorded
Monthly compounding; Deposits can be added at any time; No withdrawals allowed prior to the age of 18; Account type must be changed or account closed when beneficiary attains age 21; Rates may change once account is opened
Balance: Any Amount
Requires monthly automatic transfer of $10.00 minimum; limit $100,000 across Dedicated Savings and Flexible Certificate Accounts
Requires monthly automatic transfer of $10.00 minimum; limit $100,000 across Dedicated Savings and Flexible Certificate Accounts
Must open a new Jumbo CD (minimum $10,000 opening deposit) to open a Companion Savings Account; can deposit up to the principal amount of the CD; certificate interest compounded daily and paid monthly; fees may reduce earnings
Requires monthly automatic transfer of $10.00 minimum; limit $100,000 across Dedicated Savings and Flexible Certificate Accounts
Boosted APY: 4.00% standard variable APY + 0.35% APY boost for 6 months, for new customers; after 6 months the rate reverts to the standard variable APY; Personal accounts only; Available in select markets; Rate based on residential ZIP code entered at application
Promotional APY for 6 months; no monthly account fees; no minimum deposit
- Sep 25, 20264.25%▲ from 4.00%
- Sep 20, 20264.00%first recorded
Limited to Members who are buying a home and participating in SchoolsFirst FCU Home360; limit one per Membership; additional deposits allowed to a maximum balance of $150,000; partial withdrawals not permitted; withdrawals not used for a home purchase with SchoolsFirst FCU are subject to a penalty
- Sep 29, 20264.25%▲ from 4.05%
- Sep 14, 20264.05%first recorded
Avg Daily Steps: 12,500+; Earn the interest rate by tracking your steps on the FitnessBank mobile app
Balance: $0.01-$25,000; Up to the first $25,000; Dividends compounded monthly
- Oct 20, 20264.25%▲ from 0.15%
- Sep 24, 20260.15%first recorded
Avg Daily Steps: 12,500+; Earn the rate by tracking your steps on the FitnessBank mobile app
Balance: $1,000,000+; Tiered account
Balance: $10,000.00 and over; Business savings account; based on total savings balance inclusive of all folders; no monthly fees; FDIC insured up to $2.5M
- Sep 28, 20264.25%▲ from 3.50%
- Sep 20, 20263.50%first recorded
Balance: $0.00 - $250,000.00
Variable Rate
- Oct 7, 20264.22%▲ from 4.06%
- Oct 3, 20264.06%▲ from 3.42%
- Sep 24, 20263.42%▼ from 3.46%
- Sep 14, 20263.46%first recorded
Maximum account balance $250,000; APY accurate as of 10/07/2026
- Oct 14, 20264.20%▲ from 4.10%
- Sep 17, 20264.10%first recorded
New accounts only; variable rate, may change without notice; interest compounded daily; no monthly maintenance fee; no minimum balance required; FDIC-insured; Online Only (available exclusively online and by phone); APY accurate as of 10/09/2026
Balance: All Balances for first 6 months; Promotional rate for first 6 months
Balance: All Balances for first 6 months; Promotional rate for first 6 months
- Oct 20, 20264.20%▲ from 3.75%
- Sep 24, 20263.75%first recorded
Balance: $250 deposited per month; LevelUp Rate applies when at least $250 in deposits are received during the Evaluation Period; otherwise Standard Rate of 3.00% APY applies; Online account opening
- Sep 25, 20264.20%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Deposits and withdrawals comply with Federal Regulations
- Oct 9, 20264.18%▲ from 4.05%
- Sep 14, 20264.05%first recorded
Digital high yield savings account; Online Only
Digital Products; High Yield Savings (HYSA) (Digital)
$100,000 minimum balance required to open and to earn stated APY; No maintenance fees; Earn Loyalty Rates when you have both a CD and a Savings account with Credit One Bank
- Oct 14, 20264.15%▲ from 4.05%
- Sep 18, 20264.05%first recorded
Compounded/Credited: Qrtly/Qrtly
Dividend rate 4.04%; $50.00 to open
- Oct 5, 20264.12%▲ from 3.65%
- Sep 14, 20263.65%first recorded
Non-Utah residents; variable base APY; Balance above $500,000.00 earns 4.10%; Online account opening; Online application
Requires monthly automatic transfer of $10.00 minimum; limit $100,000 across Dedicated Savings and Flexible Certificate Accounts
Savings; high-yield savings account; minimum balance to earn APY $0.01; APY valid as of 10/10/2026; receives ZYNG Round Up and Match transfers from ZYNLO More Spending
Balance tier from $1,000,000
Dividends compounded daily; declared monthly
Dividends compounded daily; declared monthly
Dividends compounded daily; declared monthly
Effective: October 1, 2026; Dividend compounded quarterly
- Oct 9, 20264.07%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Effective: October 1, 2026; Dividend compounded quarterly
- Oct 9, 20264.07%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Effective: October 1, 2026; Dividend compounded quarterly
- Oct 9, 20264.07%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Balance: $15,000.01 to $25,000.00
Balance: $1,000+; Interest compounds daily and is paid monthly; APY is variable and subject to change
Variable APY; $0.01 or more
Balance: $100,000.00 +
Fixed Rate
- Oct 3, 20264.06%▲ from 3.42%
- Sep 24, 20263.42%▼ from 3.46%
- Sep 14, 20263.46%first recorded
Required minimum share balance to earn stated APY is $100. Fees could reduce the stated APY. Early withdrawal penalty may apply to CD accounts. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union at (808) 293-9063.
Interest compounded daily and credited monthly; minimum $100 deposit, up to $1 million; APYs accurate as of 10/20/2026; Online account opening
Bread Savings online high-yield savings account; interest compounded daily, credited monthly; $100 minimum deposit to open; APY accurate as of 10/19/2026; rate may change after account opening; no monthly maintenance fee
- Oct 14, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 18, 20263.95%first recorded
IRA account; variable rate; interest compounded daily, posted monthly
Requires monthly automatic transfer of $10.00 minimum; limit $100,000 across Dedicated Savings and Flexible Certificate Accounts
Exclusively for customers age 62 and older; rates effective as of May 1, 2026
Open with $100 or more, then boost your balance with online deposits. Rates are variable and may change after the account is opened.
Traditional or Roth IRA savings account.
- Oct 10, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 24, 20263.95%first recorded
Up to 4.01% APY for up to 6 months; no minimum balance for APY; no monthly maintenance fees; no minimum initial deposit
- Oct 6, 20264.01%▲ from 3.75%
- Sep 30, 20263.75%first recorded
Balance: All Balances; Interest compounded daily; No monthly fee; Online account opening
Balance: $1,000.00 - $250,000.00; Minimum balance of $1,000.00 is required to receive the dividend; Tiered Rates; Dividends are compounded and paid monthly
Balance: $200,000.00 and over; Annual Percentage Yield*^ footnote applies
APY; Terms and Conditions apply; Dividend rate may change after the account is opened
Minimum savings goal amount is $1,000. Initial deposit required to open account. Accompanying Loyal Trust Bank checking account is required. Your automated pre-authorized monthly deposit amount will be based on your savings goal. No withdrawals can be made from this account during the savings period without penalty. Interest is calculated on account balances. Interest compounds daily and credits quarterly. Interest does not accrue after maturity.
Savings Accounts
- Sep 27, 20264.00%▲ from 3.70%
- Sep 24, 20263.70%first recorded
Last declared dividend rate as of the last dividend declaration date; dividends compounded and credited annually; minimum average daily balance of $5.00 to obtain the disclosed APY
Balance: $500,000 and over
Balance: $2,000,000.00 and over; Effective 9/1/26
Avg Daily Steps: 12,500+; Earn the interest rate by tracking your steps on the FitnessBank mobile app
- Oct 14, 20264.00%▲ from 3.50%
- Sep 24, 20263.50%first recorded
Balance: $250,000 - $499,999
Balance: $500,000.00 and above; Rate moves with the Wall Street Journal Prime Rate. APY is accurate as of 9/21/2026.
Exclusive online; Online Only
Certificate of Deposit; Max Amt. $1,000, One Per Account
- Oct 12, 20264.00%▲ from 0.10%
- Sep 14, 20260.10%first recorded
Avg Daily Steps: 12,500+; Earn the rate by tracking your steps on the FitnessBank mobile app
- Oct 14, 20264.00%▲ from 3.50%
- Sep 24, 20263.50%first recorded
$10,000 required average daily balance; Paid: Monthly
- Oct 2, 20264.00%▲ from 3.75%
- Sep 27, 20263.75%▼ from 5.00%
- Sep 18, 20265.00%first recorded
Balance: $0.00 - $100,000.00
Balance: up to $25,000
Requires monthly automatic transfer of $10.00 minimum; limit $100,000 across Dedicated Savings and Flexible Certificate Accounts
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
National Savings Rate Trends
Weekly national average APYs across savings account types, compiled from 8,500+ banks & credit unions, updated nightly.
National high-yield savings rates rose 0.095 points this week to 2.048%, up from 1.953% last week.
National standard savings rates fell 0.015 points this week to 0.790%, down from 0.804% last week.
Savings Rate Trends
Daily average APYs across all savings account types. Hover to see exact rates for each day.
Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current national high-yield savings average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current national high-yield savings average of 2.048% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60–90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
Savings Account Earnings at Today’s National Averages
Annual interest earnings at current national average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.048% APY) | Monthly Earnings | Standard Savings (0.790% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $102.38 / year | $8.53 | $39.47 / year | $3.29 |
| $10,000 | $204.76 / year | $17.06 | $78.95 / year | $6.58 |
| $25,000 | $511.90 / year | $42.66 | $197.37 / year | $16.45 |
| $50,000 | $1,023.80 / year | $85.32 | $394.75 / year | $32.90 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: national savings rate averages as of October 20, 2026. | ||||
About Our National Savings Rate Database
MonitorBankRates monitors savings account rates from 8,500+ banks and credit unions across all 50 states. The national table above surfaces the highest-yield offers available to depositors nationwide today from the thousands of verified rates in our database, and the state and minimum-deposit filters let you narrow the full database to offers available where you live. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top national rate: Quail Creek Bank offers a savings account at 10.52% APY. Use the rate table above to compare all current national offers.
How to Find the Best Savings Rates
What to compare when shopping for a high-yield savings account
To find the best savings APYs, start with credit unions and online-only banks. They consistently offer the highest yields because they have lower overhead than traditional brick-and-mortar banks and compete aggressively for deposits. Use the state filter in the table above to see how local institutions stack up against the national leaders.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current national high-yield savings average is 2.048% , but top institutions are offering as high as 10.52%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3–6 months of expenses in a liquid, FDIC-insured account. National high-yield savings rates currently average 2.048% APY, far above a typical checking account.
- Short-term savings goals (6–24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account keeps idle cash working harder while remaining fully accessible and federally insured.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return: CD rates
- You want check-writing flexibility: Money market rates
- You need daily transaction access: Checking rates
U.S. Saver Snapshot
National demographics and economic context for savers, Source: U.S. Census Bureau
At today’s national high-yield savings average of 2.048%, saving 10% of the U.S. median salary ($4,734/year) would earn an additional $97 annually in interest, and the top national offers in the table above pay even more.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Deposit Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions nationwide.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current National Avg APY | 2.048% | 0.790% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 – $100 | $25 – $100 | $0 – $2,500 | $500 – $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects national averages tracked in our database as of October 20, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
High-Yield Savings Calculator
See how much a high-yield savings account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current national rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Savings rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our nationwide savings rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates nationwide directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from institutions’ own digital properties and manually verifying yields daily, every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields across the country. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to high-yield national online banks available to savers in all 50 states.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency into when that specific rate was confirmed.
Frequently Asked Questions about High-Yield Savings Accounts
What is a High-Yield Savings Account (HYSA)?
Is my money safe in an online savings account?
Savings Account vs. Certificate of Deposit (CD)?
How often do savings rates change?
Do I have to pay taxes on interest earned?
Are online banks better than local banks for savings?
How do I open an online savings account?
Can I lose money in a savings account?
Do I need a minimum deposit to open a savings account?
What are the best High-Yield Savings rates nationally right now?
- Quail Creek Bank
LINQUP Savings: 10.52% APY - First FSB of Twin Falls
SuperSaver Savings: 10.47% APY - Panhandle Credit Union
Rising Tide Youth Share: 10.00% APY - Service Federal Credit Union
Deployed Warrior Savings: 10.00% APY - Avestar Credit Union
Round Up Savings Account: 10.00% APY
Savings Calculators
At the top national savings rate of 10.52% from Quail Creek Bank, a $10,000 deposit earns $1,052 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median U.S. earner is roughly $11,800. At 2.048% APY, saving $990/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsThe national high-yield savings average is 2.048% APY, variable and always accessible. A CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median U.S. earner makes $47,340/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.048% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.048% APY grows to roughly $37,497 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Savings Rates by State
