Which banks have the highest savings rate?

More top choices for the best high-interest savings accounts

Bank NerdWallet Rating APY
CIT Bank, Member FDIC. 4.0. 0.90%.
Live Oak Bank, Member FDIC. 4.0. 0.60%.
Pentagon Federal Credit Union, funds insured by the NCUA. 4.0. 0.70%.
Alliant Credit Union, funds insured by the NCUA. 4.5. 0.60%.

What are the best savings rates available?

The one year fix has been launched by e-money provider Tally Money

  • Tally doesn’t rely on fiat currency,but instead uses gold as its physical reserves
  • Its accounts are not covered by the Financial Services Compensation Scheme
  • The savings account will be open through the Tally App to Tally customers only
  • What is the best savings account interest rate?

    Minimum initial deposit: Any amount

  • Minimum ongoing balance: Any amount
  • Monthly fee: None
  • ATM card: No
  • Mobile check deposit: No
  • Checking accounts available: No
  • CDs available: No
  • Note: The advertised APY applies to the first$10,000 of your account balance,followed by a lower interest rate tier on amounts beyond that.
  • What is the average interest rate for savings accounts?

    – $300 minimum daily balance. – A repeating, automatic transfer of at least $25 from a Chase checking account. – Linked to a premium Chase checking account. – Linked to a Chase College Checkingâ„  account for overdraft protection. – Fee waived for those younger than 18.

    What is the highest savings interest rate?

    These accounts pay a standard rate of 0.05 or 0.1 per cent, which in no way qualifies as high interest. The more apt description is pitiful. Savings accounts from alternative banks pay standard rates of as much as 1 to 1.5 per cent, while a 12-month Government of Canada T-bill has a rate of 1 per cent these days.