Below is a list of the top 7 savings account offers available right now, with information on the interest rates offered and any other relevant info about the bank. Note that most of the best places to open a savings account will be online banks with higher saving rates (due to lower overhead)*:
Bask Bank
Savings Account Rate: 0.70% APY
Notes: No fees, no minimum deposit to open
SmartyPig
Savings Account Rate: 0.70% (balances under $10K)
Notes: Top rate only for balances below $10,000. If your balances goes above $10,000, the rate drops to 0.45%. No monthly maintenance fees.
Bo Savings
Savings Account Rate: 0.65% APY
Notes: $250 minimum opening balance, no monthly maintenance fees
Comenity Direct High-Yield Savings Account
Savings Account Rate: 0.60% APY
Notes: $100 minimum opening balance, no monthly maintenance fees
Alliant Credit Union High-Rate Savings
Savings Account Rate: 0.55% APY
Notes: $100 average daily balance required to earn interest. $10 Inactivity Fee if no deposits/withdrawals for a year. (See other potential fees.) Must join Alliant Credit Union (if not already a member).
Marcus by Goldman Sachs
Savings Account Rate: 0.50% APY
Notes: Possible $100 Bonus, No fees, no minimum deposit to open
Discover Bank Online Savings Account
Savings Account Rate: 0.50% APY
Notes: No fees, no minimum deposit to open
* Rates change often; please see individual bank websites to confirm rate posted here.
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