Knoxville, Tennessee (TN) Savings Rates - March 2026
Brian McKay
Brian McKay
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The best savings rates for Knoxville, Tennessee and the surrounding area include FsnbFsnb6777 Clinton Hwy, Knoxville, TN 37912A5.0 ★Texas Ratio: 12.00% Cents-able Savings at 7.00% APY, First US Bank (AL)First US Bank (AL)419 Erin Dr, Knoxville, TN 37919A+5.0 ★Texas Ratio: 3.21% NextGEN Savings at 5.12% APY, FirstBank (TN)FirstBank (TN)520 W Summit Hill Dr Ste B101, Knoxville, TN 37902A5.0 ★Texas Ratio: 6.39% FirstUp Savings at 3.82% APY, U TU T2100 White Ave, Knoxville, TN 37916 2216A+5.0 ★Texas Ratio: 4.31% U Earn Savings at 3.70% APY, and Knoxville TVA Employees Credit UnionKnoxville TVA Employees Credit Union1316 Wilson Rd, Knoxville, TN 37912A+5.0 ★Texas Ratio: 3.39% PREMIUM SAVINGS ACCOUNT at 3.50% APY. Savings rates as of March 29, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Knoxville, Tennessee, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Knoxville, Tennessee (TN) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Knoxville, Tennessee and the surrounding area. Last Updated and Verified: March 29, 2026
Compare the Best Savings Rates in Knoxville, Tennessee & Surrounding Communities
Qualifying balance up to $500.00
Qualifications Required: recurring monthly transfer totaling $50.00 or more from the FirstBank personal checking or FirstBank personal money market; Qualifying balance up to $25,000.00
Minimum deposit of $25,000. Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.
Qualifications Required; Qualifying balance up to $25,000
Minimum deposit of $25,000. Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.
Qualifying balance up to $500.00
Earn 3.00% APY on the first $500.00
Minimum deposit of $25,000. Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.
Qualifications Required; Qualifying balance up to $10,000
Qualifying balance up to $15,000.00; Qualifications Required; Enrolled in online banking; Enrolled in e-statements; Monthly direct deposit of $500 or more; 10 debit card transactions per month with $10 or more transaction amount, not including ATM withdrawals
Qualifications Required; Qualifying balance up to $15,000.00
Qualifying balance up to $2,500.00
Minimum Balance to open account: $5; Minimum balance to earn Interest and obtain APY: $25; Balances $50,000.00 or more
Minimum Balance to open account: $5; Minimum balance to earn Interest and obtain APY: $25; Balances $5,000.00 to $49,999.99
Effective date 3/1/2026
Effective date 3/1/2026
Minimum Balance to open account: $5; Minimum balance to earn Interest and obtain APY: $25; Balances less than $5,000.00
NON-PREMIUM RATE of 0.15% APY minimum is earned on balances of $500.01 or more. When the account is closed, 0.15% APY applies for the month the account is closed.
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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.
Knoxville, TN Savings Rate Trends
Compare local Knoxville, TN 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.
Tennessee high-yield savings rates rose 0.043 points this week to 1.306% APY, up from 1.264% last week.
Tennessee standard savings rates rose 0.298 points this week to 0.549% APY, up from 0.251% last week.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Knoxville, Tennessee 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 Knoxville, Tennessee. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in TN.
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 Knoxville, Tennessee
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Knoxville, Tennessee safe?
How often do savings rates change in Knoxville, Tennessee?
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 Knoxville, Tennessee?
How do I open a savings account in Knoxville, Tennessee?
Best Savings Rates in Knoxville, Tennessee
- Fsnb
Cents-able Savings — 7.00% APY - First US Bank (AL)
NextGEN Savings — 5.12% APY - FirstBank (TN)
FirstUp Savings — 3.82% APY - U T
U Earn Savings — 3.70% APY - Knoxville TVA Employees Credit Union
PREMIUM SAVINGS ACCOUNT — 3.50% APY
