Redwood City, California (CA) Savings Rates - March 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Redwood City, California and the surrounding area include Stanford Federal Credit UnionStanford Federal Credit Union905 Barron Avenue, Redwood City, CA 94063A+5.0 ★Texas Ratio: 0.81% Youth Savings Account at 4.00% APY, San Mateo Credit UnionSan Mateo Credit Union350 Convention Way, Redwood City, CA 94063A+5.0 ★Texas Ratio: 4.24% Premium Savings at 3.75% APY, Premier One Credit UnionPremier One Credit Union530 EL CAMINO REAL, REDWOOD CITY, CA 94063 1212A+5.0 ★Texas Ratio: 1.63% IRA Share Account at 3.50% APY, PNC BankPNC Bank660 Woodside Rd, Redwood City, CA 94061A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, and Upward Credit UnionUpward Credit Union510 Veterans Blvd Ste B, Redwood City, CA 94063A5.0 ★Texas Ratio: 6.57% IRA Savings at 0.40% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Redwood City, California, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Redwood City, California (CA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Redwood City, California and the surrounding area. Last Updated and Verified: March 28, 2026
Compare the Best Savings Rates in Redwood City, California & Surrounding Communities
Qualifying balance up to $5,000
As High As
$25,000.00 +
Qualifying balance up to $10,000
pair it with a Companion Savings Account earning 3.25% APY* on money you want easy access to.
Qualifying balance up to $30,000.00
$0.00 - $24,999
Qualifying balance up to $8,750.00
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$25 minimum opening deposit
Maximum contribution of $2,000 per month from a qualified source, such as payroll from LAUSD or LACCD
Earn 10x the National Average2
LevelUp Rate is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period.
New account APY3; This account is not available to open through our financial centers; it can only be opened online or by calling our client solutions team.
Terms and Conditions apply.
$25 Bonus
Online Only
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.
Redwood City, CA Savings Rate Trends
Compare local Redwood City, CA savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
California high-yield savings rates fell 1.915 points this week to 0.168% APY, down from 2.083% last week.
California standard savings rates fell 0.023 points this week to 0.582% APY, down from 0.605% last week.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Redwood City, California directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. 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 in Redwood City, California. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in CA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Redwood City, California
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Redwood City, California safe?
How often do savings rates change in Redwood City, California?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Redwood City, California?
How do I open a savings account in Redwood City, California?
Best Savings Rates in Redwood City, California
- Stanford Federal Credit Union
Youth Savings Account — 4.00% APY - San Mateo Credit Union
Premium Savings — 3.75% APY - Premier One Credit Union
IRA Share Account — 3.50% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY - Upward Credit Union
IRA Savings — 0.40% APY
