CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†




Savings


Compare Savings

    CIT Bank
    Read ReviewVisit Site

    CIT Bank

    • Savings: Savings Builder up to 2.20% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.
    Pros:
    • High APY
    • No minimum deposit for savings
    • No monthly service fees
    Cons:
    • No checking accounts
    • No ATM card

    Our Review: (4.5) Want a higher interest rate at a good FDIC insured bank? CIT is tempting, but there are downsides you should not ignore. Read this review before you open an account... Read full review

    Open a CIT Bank 2.20% APY Savings Builder High Yield Savings Account

    HSBC Bank
    Read Review

    HSBC Bank

    • Savings: HSBC Direct Savings: 2.20% APY. $1 minimum opening deposit and no monthly service fee. Deposit checks easily by taking a picture with your phone using HSBC Mobile Banking.
    Pros:
    • Global presence
    • High online savings APY
    Cons:
    • Not in every state

    Our Review: (4.7) HSBC Bank offers a full array of services for different needs, including a high-yield online savings and several checking options. But there are downsides. Read on for the pros and cons... Read full review

    HSBC Advance Checking - $350 Bonus

    UFB Direct
    Visit Site

    UFB Direct

    • Savings: 2.15% APY for balances of $10,000 and above.

    UFB High Yield Savings - Earn up to 2.15% APY

    Synchrony Bank

    • Savings: 2.00% APY. No monthly service fee and no minimum deposit. An ATM card is provided for easy withdrawal. Synchrony will refund ATM fees for other banks up to $5 per statement cycle
    Pros:
    • Savings with ATM card
    • High APY
    • All balance tiers receive same rate
    Cons:
    • No checking account
    • $2,000 minimum deposit for CDs
    • Limited customer service hours

    Our Review: (4.3) Synchrony offers some of the highest savings and CD rates. But there are downsides. Read this review before you open an account... Read full review

    High Yield Savings

    Discover Bank
    Read ReviewVisit Site

    Discover Bank

    • Savings: 1.90% APY. No fees and no minimum deposit.
    Pros:
    • High yield
    • Cashback checking
    • 24/7 customer service
    Cons:
    • No interest checking
    • $2,500 minimum deposit for CDs

    Our Review: (4.8) Discover offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account... Read full review

    Online Savings Account - Earn 1.90% APY

    Ally Bank
    Read Review

    Ally Bank

    • Savings: 1.90% APY. No monthly service fee and no minimum deposit.
    Pros:
    • CD options
    • No account minimums
    • 24/7 customer service
    Cons:
    • Low Checking APY for lower balance customers

    Our Review: (4.4) Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here... Read full review

    Online Savings Account

    Axos Bank
    Read ReviewVisit Site

    Axos Bank

    • Savings: 1.30% APY. No minimum opening deposit. No monthly maintenance fee. Daily Compounding Interest.

    If the perfect checking account for you is one with no monthly fees while offering rewards, you may have found your match with Axos Bank... Read full review

    Rewards Checking

    Capital One

    • Savings: 1% APY. No monthly service fee and no minimum deposit.
    Pros:
    • Overdraft protection options
    • No account minimums
    • 27 Capital One cafes for in-person support
    Cons:
    • Lower savings APY compared to other online banks

    Our Review: (4.3) Capital One 360 checking and savings accounts are free to open and offer higher-than-average APY rates. Does this popular web bank live up to its claims? Find out if it's right for you... Read full review

    Capital One 360 Checking - $25 Offer

    Digit
    Read ReviewVisit Site

    Digit

    • Savings: Yes
    Pros:
    • No minimum balance
    • Save without thinking
    • 1% annual savings bonus
    Cons:
    • High monthly fee
    • No phone support
    • Not for long term savings

    Our Review: (3.3) Digit automatically builds a savings fund for you by withdrawing small, affordable amounts. But it's not perfect. Is it worth the fee? Let's find out... Read full review

    30 Days for Free

    Qapital
    Read ReviewVisit Site

    Qapital

    • Savings: Yes
    Pros:
    • No minimum balance
    • Rules-triggered savings
    Cons:
    • No interest
    • Only available on a smartphone
    • No phone support

    Our Review: (4.0) Qapital "forces" you to save by rounding up your purchases or following rules you've chosen. So can this mobile app for beginning savers help you? Read on to find out... Read full review

    Get Qapital App

    Investing
    Read Review

    Rize

    • Savings: Yes
    Pros:
    • No minimum balance
    • Interest on Savings
    • Pay what you want
    Cons:
    • High fee for Rize Invest
    • Only $50 overdraft protection
    • No phone support

    Our Review: (4.0) If you are tired of not making interest on your microsavings accounts, Rize may peak your interest. Falling into the microsavings category, Rize stands out from the crowd with its interest-bearing capabilities and unlimited withdrawal options... Read full review

    TD Bank

    • Savings: 0.05% APY. No minimum deposit. $5.00 monthly fee waived if 1) minimum $300 balance or 2) waived for the first 12 months if with recurring transfer of $25 or more from a TD Bank account.
    Pros:
    • Extended banking hours
    • Low requirements to waive monthly fees
    • No foreign transaction fees
    Cons:
    • No free checking
    • Low APY
    • Only on East Coast

    Our Review: (3.4) TD Bank offers extended customer hours and easy online banking. Are these perks worth it? Find out what makes TD Bank a great choice for you and some reasons to look elsewhere... Read full review

    TD Bank Beyond Checking Account - $300 Cash Bonus

    Charles Schwab Bank

    • Savings: 0.34% APY
    Pros:
    • No account minimum
    • No service fees
    • Refund all ATM fees
    Cons:
    • Only checking or savings
    • Must do banking online

    Our Review: (4.3) Charles Schwab is more than a brokerage. It also offers high yield checking and savings interest rates that might far surpass your local bank. Read on to learn the pros and cons... Read full review

    High Yield Investor Checking – Unlimited ATM Rebates

    KeyBank

    • Savings: 0.10% - 0.20% APY depending on amount. $10 minimum opening deposit. $4 monthly maintenance fee unless you 1) have $300 daily balance, or have 2) $5 monthly minimum direct deposit or recurring transfer from another Key account, or 3) have a HelloWallet Financial Wellness Score of at least 1.
    Pros:
    • HelloWallet financial tools
    • Free checking option
    • 24/7 customer service
    Cons:
    • Limited branches
    • High account fees

    Our Review: (3.3) Are you looking for a no-frills checking account or maybe a bank that offers relationship banking services/interest rates? You may have found your fit with KeyBank... Read full review

    Key Checking Account - $200 Bonus

    Citizens Bank

    • Savings: Several types of Savings accounts. 0.01% - 0.07% APY. No minimum opening deposit. $4.99 monthly maintenance fee, unless you have a minimum daily balance of $200 in your account, or have a qualifying Citizens Bank checkings account .
    Pros:
    • One Deposit Checking
    • GoalTrack Savings
    • 24/7 customer service
    Cons:
    • Low APY
    • Heavy overdraft fees
    • Limited branches

    Our Review: (3.8) Are you looking for a bank that will not only keep your money, but also help push you to meet your financial goals? If so, you may want to consider Citizens Bank... Read full review

    GoalTrack Savings Program – up to $250 in Gift Cards

    Bank of America

    • Savings: 0.03% APY (up to 0.06% if enrolled in Preferred Rewards). $8 monthly maintenance fee, unless you have 1) daily balance of $500, 2) are a Bank of America Preferred Rewards Client, or 3) link your Rewards Savings Account to your Interest Checking Account. Minimum deposit of $100.
    Pros:
    • National availability
    • Extended customer service hours
    • Full service bank
    Cons:
    • No free checking option
    • Low interest rates
    • Many misc. banking fees

    Our Review: (3.2) Bank of America offers a nationwide network, many account options, and user-friendly online banking. But does this convenience come at a cost? Read on... Read full review

    Advantage Plus Banking Checking Account - $100 Bonus

    Citibank

    • Savings: 0.03% APY. No minimum deposit. $4.50 monthly fee unless you maintain an average monthly balance of $500.
    Pros:
    • Perks for high balance customers
    • Many fee-free ATMs
    • Global presence
    Cons:
    • No free checking option
    • Higher balance requirements
    • Low savings APY

    Our Review: (3.5) Citibank offers credit cards and banking services. But service fees and balance requirements are on the high side. Is it the right bank for you? Keep reading to find out... Read full review

    Citi Account Package - $400 Bonus

    Santander Bank

    • Savings: 0.03% APY. $25 Minimum opening deposit. $1 monthly fee, unless 1) You have a Santander Checking Account, or have 2) $100 average daily balance in your savings account.
    Pros:
    • Easy to waive monthly fees
    • High APY for CDs
    • Free student checking
    Cons:
    • Low interest for Premier Plus Checking

    Our Review: (3.8) If you're in the Northeast, Santander Bank offers solid basic checking and savings options, as well as competitive rates for CDs. Read on to see if it fits your needs... Read full review

    Business Checking Account - $250 Bonus

    Huntington Bank
    Read ReviewVisit Site

    Huntington Bank

    • Savings: 0.02% APY (Premier Savings). $4 monthly fee, unless you have 1) daily average balance of $300, or 2) linked to a Huntington Asterisk-Free Checking Account. Minimum deposit of $50.
    Pros:
    • Free checking option
    • 24-hr grace for overdrafts
    • All day deposit
    • 24-hr customer service
    Cons:
    • Limited branches
    • Low savings APY

    Our Review: (3.9) Huntington Bank provides great accounts benefits like free Overdraft Protection Transfers and 24/7 customer service. Read on to see if this bank is right for you... Read full review

    Relationship Money Market Account - Earn 2.02% APY

    M&T Bank

    • Savings: 0.02% APY. Monthly service fee of $7.50 unless you 1) maintain a minimum daily balance of $500 or, 2) have a personal checking account with M&T Bank or, 3) make at least one deposit in your Relationship Savings account
    Pros:
    • Free checking option
    • High APY for Promo CD
    • Free savings with checking
    Cons:
    • Fee heavy
    • Subpar savings APY
    • Limited branches

    Our Review: (3.4) If you are on the upper East Coast, you probably see M&T Bank frequently. With a free checking option and a range of deposit accounts, does it meet your needs?... Read full review

    Personal Checking Account - Up to $250 Bonus

    US Bank

    • Savings: 0.01% APY. Minimum deposit $25. Monthly maintenance fee $4, unless you have $300 minimum daily ledger balance OR $1,000 average monthly collected balance.
    Pros:
    • Promo CD with high APY
    • Free student account
    • 24/7 customer service
    Cons:
    • High minimums to waive fees
    • Low savings APY

    Our Review: (3.7) U.S. Bank is the country's fifth largest bank, but does that make them a bank that will suit your banking needs? Do you need one of the country's largest banks or is a smaller bank more your style?... Read full review

    PNC Bank

    • Savings: 0.01% APY (0.05% APY - 0.10% APY Relationship rates) minimum deposit of $25. $5 monthly service charge unless you have 1) $300 monthly average monthly balance, or 2) if you are under 18 years old, or 3) set up an Auto Savings transfer of $25 or more each month from your PNC Checking account to your Savings account; 2.15% APY High Yield Savings. No minimum balance. No minimum deposit. $0 Monthly charge. Minimum balance to earn interest is $1.00.
    Pros:
    • Virtual Wallet tools
    • Relatively easy to waive fees
    • Free student account
    Cons:
    • Limited branches
    • Low APY

    Our Review: (3.5) PNC Bank has relatively low requirements to waive fees and offers many financial tools to help you meet savings goals. Read on to see if this East Coast bank is right for you... Read full review

    Virtual Wallet with Performance Select Checking - $300 Cash Bonus

    Fifth Third Bank

    • Savings: 0.01% APY. No minimum deposit. $5 per month unless 1) you have a Fifth Third Checking Account, or 2) You maintain an average monthly balance of $500 or more, or 3) You or someone under age 18 is an owner of the account, 4) You are enrolled in Fifth Third Military Banking.
    Pros:
    • Free Express Checking
    • Free student checking
    • Promo CD with high APY
    Cons:
    • Higher balance requirements
    • Low savings APY
    • Limited branches

    Our Review: (3.3) Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you... Read full review

    Fifth Third Business Checking Account - $500 Bonus

    Regions Bank

    • Savings: Two types of Savings Account - Regions Savings, and Regions Lifegreen Savings. 0.01% APY. Regions Savings Account - minimum opening deposit $50. $5 monthly maintenance fee, unless you have $300 minimum daily balance. Regions Lifegreen Account - minimum opening deposit $50. Must have Regions Checking Account. No monthly maintenance fee.
    Pros:
    • $50 to open checking account
    • Relationship Rewards program
    • LifeGreen Savings annual bonus
    Cons:
    • No free checking option
    • Limited branches
    • Low savings APY

    Our Review: (3.4) Regions Bank offers a variety of deposit products, easy account opening requirements, and special reward programs. Read on to see if this bank is right for you... Read full review

    LifeGreen Savings Account – Up to $100 Annual Savings Bonus

    Wells Fargo

    • Savings: 0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, or are under the age of 18.

    Wells Fargo offers nationwide access with thousands of ATMs and branch locations. But are their checkings and savings accounts right for you? Read on to see the best options... Read full review

    Checking and Savings Account - $650 Bonus

    SunTrust Bank

    • Savings: 0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates.
    Pros:
    • High APY for CDs
    • Free student account
    • Good customer service
    Cons:
    • No free checking option
    • Low savings APY
    • Limited branches

    Our Review: (3.7) If customer service ranks high on your list, SunTrust Bank may be one you want to check out. While they offer interest rates comparable to most "big banks," they do offer that warm, fuzzy feeling some people look for in a bank... Read full review

    SunTrust Advantage Checking Account - $300 Bonus

    TCF Bank

    • Savings: 0.01% APY. Minimum deposit of $25 - $50, depending on account. May have monthly maintenance fee of $0 - $10, depending on account. Can be waived with minimum balance of $100 or $1000, depending on account.

    Savings Account

    Acorns
    Read ReviewVisit Site

    Acorns

    • Savings: No
    Pros:
    • No minimum investment
    • Invest with spare change
    • Free for college students
    Cons:
    • Fees are high for small balances
    • No tax benefits
    • Limited investment options

    Our Review: (3.7) Acorns automatically invests your spare change, so you can invest without thinking. It's great for novice investors, but there are downsides. Read on... Read full review

    $10 Sign-Up Bonus

    Chase
    Read ReviewVisit Site

    Chase

    • Savings: Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. $0 to open.
      Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
    Pros:
    • Nearly 5,000 branches
    • New customer promotions
    • Full service banking
    Cons:
    • Low interest rates
    • Not in all states

    Our Review: (4.1) Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you... Read full review

    Chase Total Checking® + Chase Savings℠

    Betterment
    Read ReviewVisit Site

    Betterment

    Pros:
    • No minimum investment
    • Many customized portfolios
    • Automatically invest extra funds
    Cons:
    • Limited investment options
    • High fees for large investors

    Our Review: (4.1) Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better... Read full review

    Get up to 1 Year Managed Free

    Marcus by Goldman Sachs

    • Savings: 2.00% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.

    Marcus by Goldman Sachs offers savings accounts and CDs at high interest rates. But don't expect accounts with a lot of bells and whistles. Read on for the pros and cons... Read full review

    Marcus Online Savings - Earn 2.00% APY


Articles on Savings

    Best High Yield Savings Accounts

    April 18, 2019 - Reviews
    Make your money work harder for you in a high-yield savings account. Here are the top savings accounts to grow your money.

You might also be interested in

Key Bank Routing Number

Looking to transfer money in or out of your KeyBank checking or savings account? Find your KeyBank routing number and learn more about money transfers in our guide.

Next Page:

About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.