Updated daily icon

Last updated:
Jan 24th, 2021

Best banks icon

Great Online
Bank Accounts

FDIC insured icon

FDIC Insured
up to $250,000

National Rate

7x Higher Rates4 vs National Average

High Interest Online Savings Accounts in January 2021

Don't pay your bank—make them pay you! Get up to 7x4 higher interest rates than the national average. This is our hootworthy list of banks that meets our requirements of a high interest rate and fantastic customer service. All banks are FDIC insured up to $250,000. Your money is safe and ready to earn more interest!
Advertising Disclosure
0.50% APY1
  • No minimum to earn APY
  • Interest Rate: 0.50%
  • No Monthly Fees
  • Write Checks: No
Next
Account Type: Savings
  • No transaction fees
  • No minimum deposit to open
  • FDIC insurance up to the maximum allowed by law
nonenone

1 APY stands for Annual Percentage Yield. It's different from Rate because it takes into account compounding interest for the year.

2 MMA stands for Money Market Account. It's a savings and checking hybrid, allowing you to earn interest and use checks 6 times a month.

3 CMA stands for Cash Management Account. It’s an account with an SEC-registered broker dealer that allows your funds to be swept nightly to an interest bearing account at a federally insured depository institution.

4 The national average interest rate is currently 0.07% per the FDIC's website. Not all offers will earn 7x the interst rate over the national average. This figure is based on our highest advertised offer. Updated January, 2021.

5 Not all banks are represented.

The listings that appear on this page are from companies from which this website may receive compensation, which may impact how, where and in what order products appear. APY (Annual Percentage Yield)
Rise to the top icon

Rise to the top!

MyRatePlace has some of the best offers to get you earning more interest.

Quick signup process icon

Quick Process!

Signup in 5 minutes and earn more for the rest of your life.

Safe and secure icon

Safe and Secure.

All accounts are FDIC insured for $250,000. Nothing to worry about.