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 26, 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, Avestar Credit Union offering Round Up Savings Account at 10.00% APY, Bayer Heritage Federal Credit Union offering High Yield Savings at 10.00% APY, and Alliance Credit Union Fenton, MO offering Star Student Savings Club at 10.00% APY. Savings rates as of October 26, 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 26, 2026
Current National High-Yield Savings Account Rates
Balance: $0.00 - $1,000.00; Must be 30 years old or younger to qualify; Standard savings APY applies to balances of $1,000.01 and above; We'll match your initial deposit up to a $50 maximum; Additional $50 incentive if you enroll for EZ-Allowance or Direct Deposit ($50 max); Unlimited deposits; Up to six withdrawals per month; Account 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: $0.01 to $5,000
Balance: Up to $1000.00
Ages: 0-12; Balance: $0.00 - $500.00; The first $500 on deposit will earn 9.57% interest for an APY of 10.00%; All funds above $500 earn the same rate as a regular savings account; Receive $1 for every A or B on semester report card; Maximum payout $25/year per youth account; Only two report cards per school year per account; Open at any branch
Qualifying balance up to $1,000.00
Qualifying balance up to $10,000.00; Service members deployed to a combat zone only; Contact Us To Determine If You Qualify; eCommunications required
Balance: $1 - $1,000; Qualifying balance up to $1,000.00
Featured rate on SavingsPlus balances up to $5,000
Balance: $1 - $6000; Tiered APY limited to one Youth Savings account per child; ages 0-17
Balance: $5 - $1,000; Rate = 0.050% | APY* 0.05% for balances $1,000.01 & over.
Qualifications Required; Qualifying balance up to $1,000.00; Round-Up Savings via Mastercard Debit card transactions; Balances over $1,000.00 earn 0.10% APY
Balance: $0 - $1,000
- Oct 26, 20268.25%▲ from 5.25%
- Sep 14, 20265.25%first recorded
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 $1,000.00
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
Qualifying balance up to $500.00; see full reward savings details and account requirements
Balance: $25.00 - $2,500.00; Dividend Paid: Quarterly
Minimum to earn dividends: $.01; Must be opened in a branch; not available online; Limit one Youth Startup Account per member; Funds transfer to primary membership savings at age 18
Minimum Balance to Open Account: $5.00; Minimum balance to earn Interest and obtain APY: $0.01
Balance: $0 - $1,000.00
Balance: $0-$1500.00
Balance: $0.01 - $1,000.00; Qualifying balance up to $1,000.00; Balance above $1,000.00 earns 0.100% / 0.10%
Balance: $0.01 - $1000.00; Dividends paid quarterly; Must have an Avadian checking account and debit card to open
Ages: 0-19; Balance: first $500; Parent/guardian joint signer required; Dividend period: Quarterly; with Spend Plus Checking: n/a
Ages: 0-19 with parent/guardian joint signer; Balance: $0.00 - $500.00; no monthly fee or minimum balance; dividends compound quarterly
Balance: $0.01 to $1,000.00; Earn 7.00% APY on the first $1,000; No minimum balance requirement to open an account
Qualifications Required; Balance: $0.00 - $1,000.00; Qualifying balance up to $1,000.00; Balances above $1,000.00 earn the base rate (not published); Membership eligibility required; $200 checking bonus when opening Ultimate with BaZing Checking
- Sep 18, 20267.00%▲ from 0.25%
- Sep 14, 20260.25%first recorded
Minimum: Automatic Contribution; Maximum contribution of $2,000 per month from a qualified source, such as payroll from LAUSD or LACCD
Balance: $0.00 - $2,000.00
Balance: $0.00 - $1,000.00; Preferred rate for youth up to age 261/2 with checking account; minors aged 13 and above qualify; Eligibility: must be a minor, or up to age 261/2 with eStatements
- Oct 23, 20266.18%▲ from 0.25%
- Oct 15, 20260.25%first recorded
Balance: $0.00 - $10,000.00; Promotional rate paid on the first $10,000.00; balances in excess of $10,000.00 earn the regular Money Market rate; dividends paid monthly
Student defined as child 18 years or younger; only one student share per qualifying SSN; max deposit of $2,500.00
Balance: $5 to $500
Ages: 0-12; Balance: up to $3,000.00
Balance: $0.01 - $1,000.00; Must be 17 years old or younger to open with a parent or legal guardian; balance transfers to a Primary Savings Account after 18th birthday
Ages: 13-17; Balance: up to $3,000.00
Anticipated rates; Must be school/college employee and set up payroll deduction
Balance: up to $2000; SmartStart APY is a blended rate of the funds in each tier
Get a $25 bonus when your account balance reaches $1,000
Balance: $0 - $1,000
Balance: $0.00 - $2,500.00; Ages: 0-21; No minimum balance; Balances above $2,500.00 are paid the standard share savings rate; Dividend Credited: Monthly
Balance: $0.01 - $2,500; Available to members 18 and up
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; earned on Debit Card Round Up, Share Certificate dividends and other qualifying bonus dividends; consumer accounts only; $5.00 monthly inactivity fee applies
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: $0.01 to $700.00; Limit one Six7 savings account per person
Dividend Minimum: $50.00; Certificated and classified school employees of Board approved SEGs eligible for Summertime Savings bonus rate; maximum deposit $3,000 per month
Balance: $0.00 - $25,000.00
Balance: $0.01 - $2,500; Available to members 0-17 years old. Upon turning 18, account will convert to Emergency Savings account.
Qualifying balance up to $1,000.00
Balance: $0.00 - $750.00
Dividends begin to accrue the first banking day after a deposit is made
Balance: first $2,500; Dividend period: Monthly; with Spend Plus Checking: n/a
Balance: $0.00 - $2,500.00; balances over $2,500 earn .01% APY on remaining balance; one Stash Savings account per member; Stash Savings helps members build a $2,500 emergency fund
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
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 a parent or legal guardian; balance transfers to a Primary Savings Account after 18th birthday
Program year June 15, 2026 - June 15, 2027; fixed rate for entire program year; deposit $50 - $2,000 each month via direct deposit or payroll deduction; dividends paid quarterly and at maturity June 15, 2027; one-time additional deposit up to $2,000 allowed; limit 1 per member
Balance: $0-$2,000
Teen Savings Certificate; Matures on the teen's 18th birthday; Additional deposits up to $8,000; Minimum additional deposit $100; Early withdrawal penalty of all dividends earned; Rates effective 10-25-2026
Balance: $0-1,000
Balance: up to $1,000; Designed for children and teens under 19; no monthly fees; no minimum balance
Balance: $0.00 - $500.00; For those younger than 12 years old; Qualifying balance up to $500.00; Part of Smart Start Savers
- Oct 23, 20265.38%▲ from 5.25%
- Oct 22, 20265.25%first recorded
Limited time offer; Interest credited at maturity; Maximum deposit $500.00 per month; Accounts may be opened on or after November 1, 2025; Rate paid until maturity October 31, 2026; Account does not renew at maturity; No minimum deposit to open; No minimum balance required; Early withdrawals not permitted; One personal account per tax identification number
Balance: $0.00 - $500.00; Get a 0.25% APY boost when paired with any OCCU checking account; Only one account per primary membership
Dividends Paid: Monthly
Ages 0-17 or older with current Student ID
Balance: $5 - $1,000; Available to members under age 21; earns 5.00% APY up to $1,000 deposited, Regular Share Savings rate for balances thereafter; converts to Regular Share Savings at age 21
Balance: $0 to $1000
Qualifications Required; Balance: $0 - $5,000.00; Qualifying balance up to $5,000.00
Rates effective as of 10/01/2026
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
Balance: $0 - $1,000; Qualifying balance up to $1,000.00
Opening balance $50.00; $20.00 required monthly; converts to a 3 month certificate once balance reaches $550.00
Earn up to 5.12% APY
Minimum Balance for Dividend: N/A; Dividends compounded & credited: Quarterly
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
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
Utah residents only; 4.10% variable base APY plus 1.00% Rebrand Boost through January 31, 2027; Rebrand Boost applies to daily balance up to and including $500,000; balance above $500,000 earns 4.10%
- Oct 7, 20265.10%▲ from 4.00%
- Oct 2, 20264.00%▼ from 5.00%
- Sep 18, 20265.00%first recorded
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 on balances up to the first $500.00; balances above $500 paid at the current rate
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.
Paid: Quarterly
- Oct 4, 20265.10%▲ from 0.23%
- Sep 14, 20260.23%first recorded
Balance: $0.01 - $5,000
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
Qualifying balance up to $24,999.99
Advertised as up to 5.09% APY; APY paid on balance up to $1,000; competitive rate on higher balance; Available as Savings/Checking/IRA/HSA
Balance: $0 - $15,000.00
Balance: $0 - $10,000.00; Dividends compounded monthly; Qualifications, limits, and other requirements apply
Debit Card: Yes; For kids 7 and under; Prizes for deposits over $10; Annual birthday surprise
Savings Accounts section card
Balance: $0.01 - $1,000.00; Apply in branch; Limited to one Youth Savings account per child; converts to Statement Savings at age 17
Balance: $0 - $500.00
Balance: $.01-$9,999.99; Qualifying balance up to $9,999.99; Requires linked checking account with debit card enrolled in SaveUp program; permits only SaveUp deposits; Minimum daily balance to avoid monthly maintenance fees: $0
Balance: Up to $1,000.00; Youth savings account for kids under 18
Rates as high as
- Oct 5, 20265.00%▲ from 4.40%
- Sep 14, 20264.40%first recorded
Up to 5.00% APY; Dividends credited Monthly
Available only with Unitus Checking; restrictions may apply; rate effective 12/12/25; APY may change at any time
5.00% APY on automated savings; no monthly fees; Business Spending (checking) account
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
APY Compounded: Monthly; There may be a penalty for early withdrawal
Minimum balance to obtain APY: $500; Method of compounding: Monthly; Deposits can be added at any time; No withdrawals allowed prior to age 18; Rates may change once account is opened; Account type must be changed or closed when beneficiary attains age 21; Rate is 2.50% under prime; Maximum of 5.00% & minimum of 1.00%
Balance: Any Amount
APY Compounded: Monthly; There may be a penalty for early withdrawal
APY Compounded: Monthly; There may be a penalty for early withdrawal
APY Compounded: Monthly; There may be a penalty for early withdrawal
Must open a new Jumbo CD (minimum $10,000 opening deposit) to open a Companion Savings Account. Deposits up to the principal amount of the CD.
Citigold Private Client Relationship Tier (Combined Average Monthly Balance of $1,000,000+); Balance: All balance ranges
Promotional APY for 6 months; no monthly account fees and no minimum deposit
- Sep 25, 20264.25%▲ from 4.00%
- Sep 20, 20264.00%first recorded
Balance: $0.01-$25,000; Dividends Compounded: Monthly
Fixed rate share certificate; limited to Members buying a home and participating in SchoolsFirst FCU Home360; limit one per membership; additional deposits allowed to maximum balance of $150,000; partial withdrawals not permitted
- Sep 29, 20264.25%▲ from 4.05%
- Sep 14, 20264.05%first recorded
Balance: $1,000,000+; Tiered account
APY Compounded: Monthly; There may be a penalty for early withdrawal
- Oct 26, 20264.25%▲ from 4.15%
- Oct 22, 20264.15%first recorded
Balance: $5,000 and over; Tier 2; Rate guaranteed for 6 months from date of account opening; Bank policy prohibits more than six pre authorized transfers per month
Effective Thru 10/31/2026; Compound Frequency: Quarterly
New accounts only; variable rate, APY may change without notice; interest compounded daily; no minimum balance required; no monthly maintenance fee; available exclusively online and by phone
- Oct 7, 20264.20%▲ from 3.90%
- Sep 18, 20263.90%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
Earn 11x the national average; Waitlist: new applications paused due to demand
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
Deposits and withdrawals comply with Federal Regulations (footnote ***)
- Oct 9, 20264.18%▲ from 4.05%
- Sep 14, 20264.05%first recorded
Call for Rates; $1000 Minimum $0 Maximum
Digital | Consumer HYSA
Balance: 1,000,000 & Over
- Oct 21, 20264.15%▲ from 4.00%
- Sep 19, 20264.00%▲ from 3.74%
- Sep 14, 20263.74%first recorded
Featured card: Access your money when you need it
- Oct 26, 20264.15%▲ from 4.05%
- Sep 18, 20264.05%▲ from 4.00%
- Sep 8, 20264.00%first recorded
Rate(apr) 4.07%; Yield(apy) 4.15%; Minimum Balance For APR: $25.00; Compounded/Credited: Qrtly/Qrtly
- Oct 5, 20264.12%▲ from 3.65%
- Sep 14, 20263.65%first recorded
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: $1,000,000
Dividends compounded daily; Share rates subject to monthly change
Dividends compounded daily; Share rates subject to monthly change
Dividends compounded daily; Share rates subject to monthly change
Dividend compounded quarterly; Effective: October 1, 2026
- Oct 9, 20264.07%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Dividend compounded quarterly; Effective: October 1, 2026
- Oct 9, 20264.07%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Dividend compounded quarterly; Effective: October 1, 2026
- Oct 9, 20264.07%▲ from 3.80%
- Sep 14, 20263.80%first recorded
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 +
Effective Thru 10/31/2026; Compound Frequency: Quarterly
Required minimum share balance to earn stated APY is $100; Last dividend declaration date: 9/30/2019
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
- Oct 10, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 24, 20263.95%first recorded
Open online; deposits from $100 up to $1 million; APY accurate as of 10/26/2026; rate may change after account opened
- Oct 14, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 18, 20263.95%first recorded
IRA Retirement HYSA; variable rate; interest compounded daily, posted monthly; no monthly maintenance fee on retirement account
Interest compounded daily, credited monthly; APY accurate as of 10/26/2026; APYs subject to change; rate may change after account opened; online account; personal accounts only
Balance: All Balances; Interest compounded daily; Open online; $5 monthly fee if paper statements received; rates effective as of 10/23/2026
Low $50 opening deposit; No minimum balance and unlimited withdrawals
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: $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
- Oct 23, 20264.00%▼ from 4.00%
- Oct 15, 20264.00%first recorded
Balance: $0.00 - $100,000.00
Balance: Up to $25,000
When linked to a Kasasa checking account
- Sep 27, 20264.00%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Balance: $2,000,000.00 and over; Effective 9/1/26
Balance: $200,000.00 and over
Balance: $0.00 - $25,000; Dividend Period: Monthly
Balance: $25,000.00 and over; Compounding: Monthly
Balance: $250,000 - $499,999
Header APY for Live Oak Bank; $0 monthly maintenance fees; no minimum balance to open; FDIC insured up to $250,000 per depositor. Table shows illustrative yearly earnings at $1,000, $10,000 and $100,000 balances, not tier rates.
Online Only
Balance: $2,500 - $1,000,000; Maximum account balance to receive 4.00% APY is $1,000,000; Market-Leading Rates; Earn 10x the national average savings account rate; No monthly fees; Interest compounded daily; Rates effective as of 9/22/26; Tiered variable rate account
Balance: $500,000.00 and over; Variable rate, moves with Wall Street Journal Prime Rate; Three withdrawals per statement cycle; APY accurate as of 9/21/2026
Last declared dividend rate as of the last dividend declaration date; dividends compounded and credited annually
Balance: $50,000+
Balance: $50,000 and over
Available through Raisin platform; Annualized Earnings shown: $2,000.00; APY accurate as of October 26, 2026
- Oct 14, 20264.00%▲ from 3.86%
- Sep 18, 20263.86%first recorded
Standard variable APY; variable rate subject to change at any time without notice; personal accounts only
- Oct 19, 20264.00%▲ from 3.80%
- Oct 6, 20263.80%▼ from 4.15%
- Sep 27, 20264.15%first recorded
Minimum savings goal $1,000; requires accompanying Loyal Trust Bank checking account; interest compounds daily and credits quarterly
Interest compounded daily on the collected balance; $100 minimum average daily balance to avoid $6 monthly maintenance fee
Balance: $0.01 - $25,000; Disclosure 1
- Sep 18, 20264.00%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Savings Accounts
- Sep 27, 20264.00%▲ from 3.70%
- Sep 24, 20263.70%first recorded
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 fell 0.028 points this week to 2.042%, down from 2.070% last week.
National standard savings rates fell 0.034 points this week to 0.741%, down from 0.775% 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 2.042% 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 (2.042% APY) | Monthly Earnings | Standard Savings (0.741% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $102.10 / year | $8.51 | $37.07 / year | $3.09 |
| $10,000 | $204.20 / year | $17.02 | $74.13 / year | $6.18 |
| $25,000 | $510.50 / year | $42.54 | $185.33 / year | $15.44 |
| $50,000 | $1,021.00 / year | $85.08 | $370.65 / year | $30.89 |
| 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 27, 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 2.042% , 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 2.042% 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 2.042%, 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 | 2.042% | 0.741% | 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 27, 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 are savings account rates today?
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 - Avestar Credit Union
Round Up Savings Account: 10.00% APY - Bayer Heritage Federal Credit Union
High Yield Savings: 10.00% APY - Alliance Credit Union Fenton, MO
Star Student Savings Club: 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 2.042% 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 2.042% 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 2.042% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.042% APY grows to roughly $37,456 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Savings Rates by State
