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Higher Rates vs National Average

Best Online Bank Accounts of 2023

We check thousands of banks daily, providing our most comprehensive rate comparison chart. Our savings accounts are FDIC insured up to $250,000, making your deposit the safest in the world. Confidently select the highest yield accounts from our curated selection and start earning more interest today.

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Savings, Money Market Accounts, & Checking

3.40% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 3.40%
  • No Monthly Fees
  • Write Checks: No
Member FDIC It only takes about 5 minutes to open a fee-free account.
4.45% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 4.35%
  • No Monthly Fees
  • Write Checks: No
Member FDIC 0 Monthly Acct Fees. No Balance Cap to Earn APY.
4.25% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 4.25%
  • No Monthly Fees
  • Write Checks: No
Member FDIC Plus, no monthly fees and unlimited free external transfers
4.00% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 4.00%
  • No Monthly Fees
  • Write Checks: No
Member FDIC Savings Products with Competitive Rates and No Minimum Deposit
4.75% APY
Rates as of 3/31/2023
  • Min to Earn APY: $5,000
  • Rate: 4.64%
  • No Monthly Fees
  • Write Checks: No
Member FDIC No Monthly Fees. $5,000 balance required for highest rate.
4.65% APY
Rates as of 3/31/2023
  • Min to Earn APY: $1,000
  • Rate: 4.65%
  • Monthly Fee: $10.00
  • To Avoid Fee: $2,000
  • Write Checks: Yes
Member FDIC Great rates, guaranteed return. Be Brilliant.
4.38% APY
Rates as of 3/31/2023
  • Min to Earn APY: $500
  • Rate: 4.29%
  • No Monthly Fees
  • Write Checks: No
Member FDIC Only $500.00 to open. No monthly or maintenance fees.
4.30% APY
Rates as of 3/31/2023
  • Min to Earn APY: $5,000
  • Rate: 4.22%
  • No Monthly Fees
  • Write Checks: No
Member FDIC Great rate with this online savings account and no fees.
4.25% APY
Rates as of 3/31/2023
  • Min to Earn APY: $1
  • Rate: 4.25%
  • No Monthly Fees
  • Write Checks: No
Member FDIC No fee online savings account with a great rate.
4.05% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 3.97%
  • No Monthly Fees
  • Write Checks: Yes
Member FDIC No minimum balance and no monthly maintenance fees
4.00% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 3.92%
  • No Monthly Fees
  • Write Checks: No
Insured by NCUA Earn 4.00% APY on the first $10,000 (that's $400 a year!)
4.00% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 3.92%
  • No Monthly Fees
  • Write Checks: Yes
Member FDIC Save smarter 4.00% APY Money Market Account Ally Bank Member FDIC
3.95% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 3.87%
  • No Monthly Fees
  • Write Checks: No
Member FDIC No minimum balance and no monthly maintenance fees
3.80% APY
Rates as of 3/31/2023
  • No minimum to earn APY
  • Rate: 3.80%
  • No Monthly Fees
  • Write Checks: No
Member FDIC Savings accounts at 3.80% APY. A rate greater than 5x the national average.
3.10% APY
Rates as of 3/31/2023
  • Min to Earn APY: $25
  • Rate: 3.06%
  • No Monthly Fees
  • Write Checks: No
Insured by NCUA No monthly fee if you elect eStatements.
More Banks APY Rate For APY As of date
Burke & Herbert Bank & Trust Company MMA 0.01% 0.01% $1,000 3/30/2023
Bank of Hope Savings 0.01% 0.01% $500 3/30/2023
Truist MMA 0.01% 0.01% $200 3/30/2023
Bank of America Savings 0.01% 0.01% $100 3/30/2023
Truist Savings 0.01% 0.01% $25 3/30/2023
Applied Bank MMA 0.02% 0.02% $500 3/30/2023
TD Bank, NA Savings 0.02% 0.02% $1 3/30/2023
Woodforest National Bank Savings 0.03% 0.03% $25 3/30/2023
Armed Forces Bank, N.A. Savings 0.03% 0.03% $25 3/30/2023
Burke & Herbert Bank & Trust Company MMA $25k 0.03% 0.03% $25,000 3/30/2023
GTE Financial Credit Union Savings 0.05% 0.05% $100 3/30/2023
America First FCU Savings 0.05% 0.05% $1 3/30/2023
Northwest Federal Credit Union Savings 0.05% 0.05% $1 3/30/2023
Apple Federal Credit Union Savings 0.05% 0.05% $5 3/30/2023
Woodforest National Bank MMA 0.05% 0.05% $25 3/30/2023
Washington Savings Bank Savings 0.05% 0.05% $50 3/30/2023
Burke & Herbert Bank & Trust Company Savings 0.05% 0.05% $50 3/30/2023
Pendleton Community Bank, Inc. Savings 0.05% 0.05% $50 3/30/2023
Union Bank (Michigan) Savings 0.05% 0.05% $50 3/30/2023
Langley FCU MMA 0.05% 0.05% $100 3/30/2023
Citibank MMA 0.05% 0.05% $100 3/30/2023
Applied Bank Savings 0.05% 0.05% $100 3/30/2023
Virginia Credit Union MMA 0.05% 0.05% $100 3/30/2023
Langley FCU Savings 0.05% 0.05% $100 3/30/2023
Old Dominion National Bank Savings 0.05% 0.05% $100 3/30/2023
Farmers Bank MMA 0.05% 0.05% $1,000 3/30/2023
Washington Savings Bank MMA 0.05% 0.05% $2,500 3/30/2023
Woodforest National Bank Savings $10k 0.05% 0.05% $10,000 3/30/2023
Farmers Bank Savings 0.10% 0.10% $100 3/30/2023
Schools First FCU Savings 0.10% 0.10% $5 3/30/2023
State Department Federal Credit Union Savings 0.10% 0.10% $1 3/30/2023
United Bank Savings 0.10% 0.10% $2,500 3/30/2023
Old Dominion National Bank Savings $10k 0.10% 0.10% $10,000 3/30/2023
Farmers Bank MMA $10k 0.10% 0.10% $10,000 3/30/2023
Farmers Bank MMA $25k 0.15% 0.15% $25,000 3/30/2023
Union Bank (Michigan) Savings $10k 0.15% 0.15% $10,000 3/30/2023
Union Bank (Michigan) MMA 0.15% 0.15% $5,000 3/30/2023
Pendleton Community Bank, Inc. MMA 0.15% 0.15% $1,000 3/30/2023
Presidential Bank, FSB Savings 0.15% 0.15% $100 3/30/2023
Wells Fargo Savings 0.15% 0.15% $25 3/30/2023
Investors eAccess MMA 0.15% 0.15% $0 3/31/2023
Union Bank (Michigan) Savings $25k 0.20% 0.20% $25,000 3/30/2023
Pendleton Community Bank, Inc. MMA $25k 0.20% 0.20% $25,000 3/30/2023
Lone Star Bank MMA 0.25% 0.25% $250 3/30/2023
Axos Bank MMA 0.25% 0.25% $1 3/30/2023
Sandy Spring Bank Savings 0.25% 0.25% $25 3/30/2023
Wells Fargo MMA 0.25% 0.25% $50 3/30/2023
Northpointe Bank Savings 0.25% 0.25% $100 3/30/2023
Presidential Bank, FSB MMA 0.25% 0.25% $1,000 3/30/2023
Sandy Spring Bank MMA 0.25% 0.25% $2,500 3/30/2023
Northpointe Bank MMA 0.25% 0.25% $2,500 3/30/2023
WebBank Savings 0.25% 0.25% $1,000 3/30/2023
Presidential Bank, FSB MMA $10k 0.30% 0.30% $10,000 3/30/2023
First Horizon Bank Savings 0.30% 0.30% $50 3/30/2023
BMO Harris Bank MMA 0.35% 0.35% $5,000 3/31/2023
GTE Financial Credit Union MMA 0.35% 0.35% $2,500 3/30/2023
Northpointe Bank Savings $10k 0.35% 0.34% $10,000 3/30/2023
Northpointe Bank MMA $10k 0.35% 0.34% $10,000 3/30/2023
PurePoint Financial Savings 0.40% 0.40% $10,000 3/31/2023
Lone Star Bank Savings 0.40% 0.40% $200 3/30/2023
Apple Federal Credit Union MMA 0.40% 0.40% $5 3/30/2023
GTE Financial Credit Union MMA $10k 0.50% 0.50% $10,000 3/30/2023
FinWise Bank MMA 0.50% 0.50% $1,000 3/30/2023
FinWise Bank Savings 0.50% 0.50% $500 3/30/2023
Boeing Employees Credit Union Savings 0.50% 0.50% $1 3/30/2023
Banesco USA Savings 0.55% 0.55% $300 3/31/2023
Schools First FCU MMA 0.55% 0.55% $2,000 3/30/2023
Fulton Bank, NA MMA 0.55% 0.55% $1,000 3/30/2023
Northwest Federal Credit Union MMA 0.56% 0.56% $1 3/30/2023
First Horizon Bank MMA 0.60% 0.60% $50 3/30/2023
Axos Bank Savings 0.61% 0.61% $250 3/30/2023
Northwest Federal Credit Union MMA $25k 0.64% 0.64% $25,000 3/30/2023
Langley FCU MMA $10k 0.65% 0.65% $10,000 3/30/2023
Fulton Bank, NA MMA $10k 0.65% 0.65% $10,000 3/30/2023
United Bank MMA 0.65% 0.65% $1,000 3/30/2023
Amalgamated Bank Savings 0.66% 0.66% $1 3/30/2023
Amalgamated Bank MMA 0.70% 0.70% $1 3/30/2023
Amalgamated Bank Savings $10k 0.75% 0.75% $10,000 3/30/2023
Schools First FCU MMA $10k 0.75% 0.75% $10,000 3/30/2023
Popular Community Bank Savings 0.75% 0.75% $5,000 3/31/2023
Amalgamated Bank MMA $25k 0.80% 0.80% $25,000 3/30/2023
First Internet Bank of Indiana Savings 0.80% 0.80% $25 3/30/2023
First Horizon Bank MMA $10k 0.85% 0.85% $10,000 3/30/2023
America First FCU MMA 0.85% 0.85% $1 3/30/2023
Fulton Bank, NA MMA $25k 0.85% 0.85% $25,000 3/30/2023
Langley FCU MMA $25k 0.85% 0.85% $25,000 3/30/2023
Old Dominion National Bank MMA 1.00% 1.00% $1,000 3/30/2023
Apple Federal Credit Union MMA $10k 1.01% 1.00% $10,000 3/30/2023
Apple Federal Credit Union MMA $25k 1.05% 1.04% $25,000 3/30/2023
Armed Forces Bank, N.A. MMA 1.06% 1.06% $25 3/30/2023
Armed Forces Bank, N.A. MMA $10k 1.16% 1.16% $10,000 3/30/2023
State Department Federal Credit Union MMA 1.21% 1.20% $2,000 3/30/2023
Armed Forces Bank, N.A. MMA $25k 1.26% 1.26% $25,000 3/30/2023
State Department Federal Credit Union MMA $25k 1.26% 1.25% $25,000 3/30/2023
Banesco USA MMA 1.35% 1.35% $2,500 3/31/2023
Banesco USA MMA 1.35% 1.34% $2,500 3/30/2023
Banesco USA Savings 1.35% 1.34% $100 3/30/2023
Bank5 Connect Savings 1.50% 1.49% $100 3/30/2023
Virginia Credit Union MMA $10k 1.50% 1.49% $10,000 3/30/2023
BankPurely, a division of Flushing Bank Savings 1.50% 1.49% $100 3/30/2023
Boeing Employees Credit Union MMA 1.51% 1.50% $1 3/30/2023
FinWise Bank MMA $10k 1.51% 1.50% $10,000 3/30/2023
America First FCU MMA $10k 1.65% 1.64% $10,000 3/30/2023
Virginia Credit Union MMA $25k 1.75% 1.74% $25,000 3/30/2023
Pentagon FCU Savings 2.70% 2.68% $5 3/31/2023
Quorum Savings 3.00% 2.96% $10,000 3/31/2023
Varo Bank Savings 3.00% 2.96% $1 3/30/2023
Bank of Hope MMA 3.04% 3.00% $10,000 3/30/2023
Northpointe Bank MMA $25k 3.25% 3.20% $25,000 3/30/2023
Northpointe Bank Savings $25k 3.25% 3.20% $25,000 3/30/2023
FNBO Direct Savings 3.40% 3.34% $1 3/30/2023
DollarSavingsDirect Savings 3.50% 3.44% $1 3/31/2023
Quorum Federal Credit Union Savings 3.50% 3.44% $1 3/30/2023
Morgan Stanley Private Bank Savings 3.50% 3.44% $1 3/30/2023
Discover Bank MMA 3.50% 3.44% $0 3/31/2023
First Internet Bank of Indiana MMA 3.56% 3.50% $100 3/30/2023
Discover Bank Savings 3.60% 3.54% $0 3/31/2023
Colorado Federal Savings Bank Savings 3.75% 3.69% $1 3/30/2023
American Express National Bank Savings 3.75% 3.68% $0 3/31/2023
Quontic Bank MMA 3.75% 3.68% $100 3/30/2023
VirtualBank MMA 3.87% 3.80% $100 3/30/2023
Live Oak Bank Savings 4.00% 3.92% $0 3/31/2023
Quontic Bank Savings 4.05% 3.97% $100 3/30/2023
Valley Bank Savings 4.20% 4.11% $1 3/31/2023
BMO Harris Bank Savings 4.20% 4.11% $0 3/31/2023
Rising Bank Savings 4.25% 4.17% $1,000 3/30/2023
LendingClub Bank Savings 4.25% 4.17% $1 3/30/2023
CIBC Bank USA Savings 4.27% 4.19% $1 3/31/2023
Primis Bank Savings 4.35% 4.27% $1 3/30/2023
MySavingsDirect Savings 4.35% 4.26% $0 3/31/2023
MyBankingDirect Savings 4.38% 4.29% $500 3/30/2023
Western State Bank MMA 4.40% 4.40% $5,000 3/31/2023
BankPurely, a division of Flushing Bank MMA 4.45% 4.35% $25,000 3/30/2023
Vio Bank Savings 4.50% 4.40% $100 3/31/2023
Salem Five Direct Savings 4.61% 4.52% $10 3/31/2023
CFG Community Bank MMA 5.02% 4.90% $1,000 3/30/2023
UFB Direct MMA 5.02% 4.90% $5,000 3/30/2023
UFB Direct Savings 5.02% 4.90% $0 3/30/2023
— Load More Rates —

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 Not all banks are represented.

The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guarantee the accuracy or availability of any rates shown. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own website where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

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Rates proudly provided by Bankrate logo

What you'll need to open your new savings account

Compared to Top Banks

We represent great banks. Don't believe us?

Select a bank below to compare

Our Rates

Largest Banks

3.40%APY
VS
0.03%APY

Capital One

For APY $0
APY 3.40% Rate as of 3/31/2023
Rate 3.40% Type Savings

Learn more about this bank!

Next

Bank of America

For APY $25
APY 0.03% Rate as of 3/31/2023
Rate 0.03% Type Savings
4.45%APY
VS
0.01%APY

Bask Bank

For APY $0
APY 4.45% Rate as of 3/31/2023
Rate 4.35% Type Savings

Learn more about this bank!

Next

Chase Bank

For APY $25
APY 0.01% Rate as of 3/31/2023
Rate 0.01% Type Savings
4.25%APY
VS
0.01%APY

LendingClub

For APY $0
APY 4.25% Rate as of 3/31/2023
Rate 4.25% Type Savings

Learn more about this bank!

Next

USBank

For APY $25
APY 0.01% Rate as of 3/31/2023
Rate 0.01% Type Savings
4.00%APY
VS
0.05%APY

Synchrony Bank

For APY $0
APY 4.00% Rate as of 3/31/2023
Rate 4.00% Type Savings

Learn more about this bank!

Next

Wells Fargo

For APY $25
APY 0.05% Rate as of 3/31/2023
Rate 0.05% Type Savings
4.75%APY
VS
0.05%APY

CIT Bank

For APY $5,000
APY 4.75% Rate as of 3/31/2023
Rate 4.64% Type Savings

Learn more about this bank!

Next

USAA

For APY $25
APY 0.05% Rate as of 3/31/2023
Rate 0.05% Type Savings
4.65%APY
VS
0.03%APY

Brilliant Bank

For APY $1,000
APY 4.65% Rate as of 3/31/2023
Rate 4.65% Type MMA

Learn more about this bank!

Next

Bank of America

For APY $25
APY 0.03% Rate as of 3/31/2023
Rate 0.03% Type Savings
4.38%APY
VS
0.01%APY

My Banking Direct, a service of NY…

For APY $500
APY 4.38% Rate as of 3/31/2023
Rate 4.29% Type Savings

Learn more about this bank!

Next

Chase Bank

For APY $25
APY 0.01% Rate as of 3/31/2023
Rate 0.01% Type Savings

PLEASE NOTE: Some of the banks in the Largest Banks column provide bonus APY up to 0.15% depending on type of account and your daily balance. For instance, USBank offers a 0.10% APY with a daily balance of $50,000. USAA offers a 0.15% APY with a daily balance over $25,000.

Maximize Your Money and Earn More Today by Signing up for a High Interest Account

How many years have you earned 0.01% on your savings account? Our list of high interest rates will help you meet your savings goals and earn interest without any risk. All banks listed are FDIC insured for $250,000. If you need higher interest rates, and are willing to invest for the long-term, select the Certificate of Deposit link below to see our other rates.

View our other charts:   Certificate of Deposit Rates