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 15, 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, ORSA Credit Union offering High Yield Savings at 10.00% APY, Avestar Credit Union offering Round Up Savings Account at 10.00% APY, and Neighbors Credit Union offering SMART Savings at 10.00% APY. Savings rates as of October 15, 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 15, 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; APY ranges from 10.47% to 7.79% at the next tiers. If eligibility requirements are not met, the interest rate is 0.10% with an APY of 0.10%.
- Oct 14, 202610.47%▲ from 0.10%
- Oct 7, 20260.10%first recorded
Qualifying balance up to $1,000.00
Balance: $0.01 to $5,000
Balance: $1 - $1,000; Qualifying balance up to $1,000.00
Ages: 0-12; Balance: $0.00 - $500.00; Rate of 9.57% gives 10.00% APY on the first $500; funds above $500 earn the regular savings rate; $1 for each A or B on semester report card; maximum payout $25/year per youth account; open at any branch
Balance: Up to $1000.00
Tier 1; Balance: $0.00 - $10,000.00; for service members deployed in combat zones; contact us to determine eligibility; direct deposit of net pay required; withdrawals not permitted
Balance: $5 - $1,000
Balance: $1 - $6000
Super-high dividends paid on balances up to $1,000. Cash rewards for deposits $1-$10 awarded at different transaction intervals. Financial incentives for good grades Up to $20 each year. High dividends are paid out quarterly. Cash is awarded and electronically deposited into your child's account after their 6th, 12th, 18th and 24th in-person deposits of $5 or more. Your child can receive $1 for every 'A' or equivalent earned, up to $5 per quarter.
Qualifying balance up to $1,000.00; Today's Rates (homepage)
APY paid on the balance up to the first $500.00; dividend rate of 0.25% paid on the remaining balance over $500.00
Primary savings account; Qualifying balance up to $500.00; 0.05% dividend rate on balance above $500.00; Dividend rates effective as of November 1, 2024
Primary savings account; Qualifying balance up to $500.00; 0.05% dividend rate on balance above $500.00; Dividend rates effective as of November 1, 2024
Qualifying balance up to $500
Balance: $25.00 - $2,500.00; Dividend Paid: Quarterly
Balance: $.01 to earn dividends
Balance: $0.01 to $1,000.00
- Oct 13, 20267.00%▲ from 1.25%
- Sep 18, 20261.25%first recorded
Balance: $0-$1500.00
Balance: $0.01 - $1000.00; Dividends paid quarterly; Must have an Avadian checking account and debit card to open; Cannot make deposits or transfers into a Centsible Savings Account; Avadian match contribution credited quarterly, maximum total match $250 per year; Rate subject to change
Earns 7.00% APY on balances up to $500; Regular savings rate applies to balances above $500; Youth account for ages 0-19 with parent/guardian joint signer; Dividends compounded and credited quarterly
Ages: 0-19; Parent/guardian joint signer required; Balance: $0.00 - $500.00 earns 7.00% APY; Balance above $500.00 earns 0.25% APY (dividend rate 0.25%); No monthly fee or minimum balance
Account balances up to $1,000; Balance: $0.00 - $1,000
Balance: $0 - $1,000.00
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
Club Accounts
Bonus rate for certificated and classified school employees of Board approved SEGs; deposits by direct deposit, payroll deduction, online banking transfer, or at any branch; maximum deposit per month $3,000; dividends not earned on deposits over $3,000; combined $3,000 monthly maximum with Christmas Club
Earn on Debit Card Round Up and Share Certificate dividends (sign-up required) and other qualifying bonus dividends; APY as of 9/01/2026 if balance is above $5; promoted rate paid on entire balance maintained at $5.01 and above; no interest on balances $5.00 and below; $5.00 monthly inactivity fee applies; consumer accounts only
Balance: $0 - $1,000
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; Limit one Six7 savings account per person; Online or mobile eStatement enrollment avoids paper statement fee
Balance: $0.00 - $25,000.00
Ages: 0-21; Balance: $0.00 - $2,500.00; Dividend Credited: Monthly; Balances above $2,500.00 are paid the standard share savings rate; Annual Percentage Yield designated as APY and subject to change at any time
Anticipated Dividend Rate; Anticipated APY; Must be school/college employee and set up payroll deduction; see More details on Summer Savings account
Balance: $25 - $2,500; Summertime Savings for 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
Balance: $0.00 - $5,000.00; Qualifying balance up to $5,000.00; Account owner age 17 and under; Interest compounded and credited quarterly
Balance: up to $2,000.00
Balance: up to $2,500; balances over $2,500 earn 0.01% APY on remaining balance; One Stash Savings account per member; Dividends compounded and credited monthly
Balance: $0.00 - $2,500.00; Balance over $2,500.00 earns 0.01% APY; One Stash Savings account per member; Stash (Emergency) Savings; Rate and minimum opening deposit as stated on page
Balance: $0.01 - $1,000; Qualifying balance up to $1,000.00; Rates are variable and may change after account opening
Get a $25 bonus when your account balance reaches $1,000
Qualifying balance up to $3,000.00
Qualifying balance up to $750.00
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; 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 of up to $2,000 allowed; Limit 1 account per Member; Membership required
Balance: $0-$2,000; No minimum to open and no minimum balance required; Membership eligibility required; Limit of one Reverse Tier Savings Account per member
Balance: $100.00 and over; Additional deposits up to $8,000; Minimum additional deposit $100; Matures on teen's 18th birthday; Withdrawal before maturity incurs penalty of all dividends earned
Balance: $0-1,000
Balance: $0.00 - $500.00; No minimum balance or deposit necessary; Only one account per primary membership; Get a 0.25% APY boost when paired with any OCCU checking account
Balance: $0-$1,000; Credited and compounded quarterly
Ages: under 12; Balance: first $500 deposited; Youth savings account, initial $5 deposit to establish membership
Dividends Paid: Monthly
Balance: greater than $1,000.01; Members up to age 17 (or older with a current student ID); $5.00 Main Share Membership Savings required to open
Start with no-fee checking and savings account; footnote 1 referenced but not shown on page
Minimum Balance for Dividend: N/A; Dividend compounded & credited: Quarterly
Balance: $0 to $1000
Balance: $0 - $1,000; Qualifying balance up to $1,000.00; Dividends Paid: Monthly
Qualifications Required; Balance: $0 - $5,000.00; Qualifying balance up to $5,000.00 earns 5.12% APY; balances above $5,000.00 earn 0.05% interest rate and 0.05% APY; if qualifications are not met, rate and APY are 0.05%
Balance: .01- 50,000.00; Any funds in excess of $50,000 earn the regular savings account rate; Requires proof of active service (first responders, educators, military, healthcare workers, veterans) and an open Citizens Bank checking account
Balance: .01- 50,000.00; Earns interest on balances up to $50,000; Any funds in excess of $50,000 will earn the regular savings account rate; Account offered to holders age 21 or below
Earn up to 5.12% APY*
- Oct 4, 20265.10%▲ from 0.23%
- Sep 14, 20260.23%first recorded
Paid: Quarterly
Utah residents only; 4.10% variable base APY plus 1.00% Rebrand Boost through January 31, 2027; Boost applies to daily balance up to and including $500,000.00; Online Only
- Oct 7, 20265.10%▲ from 4.00%
- Oct 2, 20264.00%▼ from 5.00%
- Sep 18, 20265.00%first recorded
Qualifying balance up to $500.00; Special interest rate of 5.10% APY up to the first $500 in the savings account; balances above $500 paid at 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; Fees could reduce earnings
Balance: $0.00 - $500.00; Premium rate on first $500; Balances above $500 earn 0.25% APY; APY effective 07/01/2026; No minimum balance required to earn APY; STCU membership required
Balance: $0.01 - $5,000
Balance: .01 - 24,999.99
Qualifying balance up to $1,000.00 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; NCPD FCU deposits the first $50 for Youth Accounts.
Balance: $0 - $15,000.00; Qualifications, limits, and other requirements apply to the Heroes Savings account; Rates effective July 1, 2025
Qualifying balance up to $10,000.00
Debit Card: Yes; For kids 7 and under; Prizes for deposits over $10; Annual birthday surprise
Featured rate in Alltru Savings Accounts section on Money Market page
Balance: $0.01 - $1,000.00; Qualifying balance up to $1,000.00
Balance: $0 - $500.00
Balance: $0 - $500; No minimum to earn blended rate interest; No monthly service charge; Checking account required to open; Open Online
Balance: $0.00 - $500.00
Balance: $0.00 - $10,000.00; Featured rate on balances up to $10,000 daily; Nightly sweep from Business Spending (checking) account; Apply online
Balance: $1 - $100
Balance: $.01-$1,000.00
Balance: $0-$500; Compounds monthly; Maximum of one SavingsPlus account per membership share; variable rate account
Balance: $0 - $500; Compounded Quarterly
Balance: $1 - $100
Balance: $0 - $2,499.99
Balance: up to $1,000.00; Premium rate of APY is applied to the first $1,000 in the Emergency Savings account. Balances above $1,000 earn .
Balance: $1.00 - $2,500.00; Qualifications Required; First tier APY; Consumer accounts only; Limit one High Interest Savings or Delta Savings account per member; Rates effective as of 10/13/2026
Qualifying balance up to $500.00; Compound Frequency: Monthly
Balance: $0 - $1000; Blended rate: statement displays a weighted average of the two balance-tier rates; First-year earnings based on a 12-month average; Limit of one account per member
Balance: $1.00 - $500.00; Available for children 16 and under; Balances over $500 earn the regular savings APY; Dividends calculated daily and credited monthly; Island Federal provides the first $1 to open
Balance: $1.00 - $500.00; Balances over $500 earn the current savings APY; Limit of one account per unique minor/joint ownership; Dividends calculated on daily balance and credited monthly
Up to 5.00% APY; Dividends credited Monthly
- Sep 21, 20265.00%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Rates valid as of 10/15/2026
Available only with Unitus Checking; Rate effective 12/12/25; 5 deposited for each debit purchase of $5.00 and up; opt-in round-up available
5.00% APY on savings; part of the Axos ONE bundle
As Low As; Earn up to 5.00% APY on savings for new customers' first 6 months; No monthly maintenance, balance, opening, or overdraft fees; Early payday: get paid up to 2 days early
- Oct 14, 20265.00%▲ from 4.21%
- Sep 30, 20264.21%first recorded
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
Rate Type: Variable
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
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
Balance: $1,000,000+; tiered account; tier rate applies to entire balance
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
Avg Daily Steps: 12,500+; Earn the rate by tracking your steps on the FitnessBank mobile app
Balance: $0.01-$25,000; Dividends Compounded: Monthly
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 and may change at any time
- Oct 14, 20264.20%▲ from 4.10%
- Sep 17, 20264.10%first recorded
Earn 11x the national average; New applications paused (waitlist)
Balance: All Balances for first 6 months; Promotional rate for 6 months
- Oct 14, 20264.20%▲ from 4.00%
- Oct 2, 20264.00%first recorded
New account APY only; variable rate account, APY may change without notice; interest compounded daily; no monthly maintenance fee; no minimum balance required; available exclusively online and by phone
- Oct 7, 20264.20%▲ from 3.90%
- Sep 18, 20263.90%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
$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; Online Only
- Oct 7, 20264.10%▲ from 4.00%
- Oct 2, 20264.00%▼ from 5.00%
- Sep 18, 20265.00%first recorded
Balance tier from $1,000,000
Dividends compounded daily; declared monthly
Dividends compounded daily; declared monthly
Dividends compounded daily; declared monthly
Dividend compounded quarterly; Effective: October 1, 2026
Dividend compounded quarterly; Effective: October 1, 2026
Dividend compounded quarterly; Effective: October 1, 2026
Balance: $15,000.01 to $25,000.00
Balance: $100,000.00 and over
Variable APY; Balance: $0.01 or more; APYs accurate as of 9/1/25
Balance: $1,000+; minimum balance to earn the advertised APY is $1,000; APY is variable and subject to change; interest compounded daily and paid monthly
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.
Open with $100 or more, then boost your balance with online deposits. Rate may change after account opening.
- Oct 11, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 19, 20263.95%first recorded
Traditional or Roth IRA retirement savings account.
- Oct 11, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%first recorded
Open with $100 or more, then boost your balance with online deposits; rates are variable and may change after opening
Available as a Traditional or Roth IRA
- Oct 10, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 24, 20263.95%first recorded
Exclusively for customers age 62 and older; minimum balance to earn the APY is $100.00
Deposits from $100 minimum up to $1 million; interest compounded daily and credited monthly; APY accurate as of 10/14/2026; rate may change after account is opened
- Oct 14, 20264.05%▲ from 4.00%
- Sep 27, 20264.00%▲ from 3.95%
- Sep 18, 20263.95%first recorded
All Balances; Interest compounded daily; Only $100 minimum to open; No monthly fee; Online account opening
Promotional APY for up to 6 months; No minimum balance for APY; No monthly maintenance fees; No minimum initial deposit
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.
When linked to a Kasasa checking account
- Sep 27, 20264.00%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Balance: $2,500.00 - $1,000,000.00; Tiered variable rate account; Market-Leading Rates; No monthly fees; Interest compounded daily
Balance: $25,000+; Compounding: Monthly
Balance: $500,000 and over
Balance: $0.00 - $100,000.00
Minimum balance to obtain APY: $0.01
Minimum balance to obtain APY: $0.01
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
ConnectMORE APY; $250 Minimum / 12 Months; rate subject to change after 12 months
- Oct 13, 20264.00%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Balance: $0.01 - $25,000
- Sep 18, 20264.00%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Balance: $250,000 - $499,999
Balance: $100,000 - $249,999
- Oct 14, 20264.00%▲ from 0.25%
- Sep 30, 20260.25%first recorded
Balance: 1,000,000 & Over
- Sep 19, 20264.00%▲ from 3.74%
- Sep 14, 20263.74%first recorded
Balance: $500,000.00 and above; Rate moves with the Wall Street Journal Prime Rate. APY is accurate as of 9/21/2026.
Balance: $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
- Sep 27, 20264.00%▲ from 3.70%
- Sep 24, 20263.70%first recorded
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
Balance: $0 - $250,000
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
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 0.064 points this week to 2.018%, up from 1.954% last week.
National standard savings rates fell 0.020 points this week to 0.780%, down from 0.800% 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 2.018% 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 (2.018% APY) | Monthly Earnings | Standard Savings (0.780% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $100.88 / year | $8.41 | $38.99 / year | $3.25 |
| $10,000 | $201.75 / year | $16.81 | $77.98 / year | $6.50 |
| $25,000 | $504.38 / year | $42.03 | $194.95 / year | $16.25 |
| $50,000 | $1,008.75 / year | $84.06 | $389.90 / year | $32.49 |
| 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 15, 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 2.018% , 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 2.018% 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 2.018%, saving 10% of the U.S. median salary ($4,734/year) would earn an additional $96 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 | 2.018% | 0.780% | 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 15, 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 - ORSA Credit Union
High Yield Savings: 10.00% APY - Avestar Credit Union
Round Up Savings Account: 10.00% APY - Neighbors Credit Union
SMART Savings: 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 2.018% 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 2.018% 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 2.018% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.018% APY grows to roughly $37,276 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Savings Rates by State
