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.