Savings Rate History (2009–2026)
RateBrain has tracked savings rates since 2009. The median savings rate rose from 1.50% in 2009 to 3.46% in 2026. The highest rate we recorded was 5.40% APY from Popular Direct in 2023.
Median savings rate
Median savings rate by month
Months with fewer than 5 tracked products are left out.
By year
| Year | Median | Highest | Lowest | Products tracked |
|---|---|---|---|---|
| 2026 | 3.46% | 5.30% · Ivy Bank | 0.15% | 51 |
| 2025 | 4.50% | 5.30% · Ivy Bank | 0.20% | 45 |
| 2024 | 4.35% | 5.35% · CFG Bank | 0.05% | 57 |
| 2023 | 4.35% | 5.40% · Popular Direct | 0.05% | 58 |
| 2022 | 2.97% | 4.35% · MySavingsDirect | 0.01% | 48 |
| 2021 | 0.45% | 1.91% · Citizens National Bank | 0.01% | 47 |
| 2020 | 0.50% | 2.02% · Vio Bank | 0.01% | 50 |
| 2019 | 1.70% | 2.57% · Wealthfront | 0.01% | 52 |
| 2018 | 1.77% | 2.50% · EBSB Direct | 0.01% | 50 |
| 2017 | 1.00% | 1.65% · Colorado Federal Savings Bank | 0.01% | 48 |
| 2016 | 0.75% | 1.45% · UFB Direct | 0.01% | 45 |
| 2015 | 0.65% | 1.45% · UFB Direct | 0.01% | 48 |
| 2014 | 0.65% | 1.45% · UFB Direct | 0.05% | 46 |
| 2013 | 0.55% | 1.45% · UFB Direct | 0.05% | 45 |
| 2012 | 0.65% | 1.45% · UFB Direct | 0.05% | 46 |
| 2011 | 0.80% | 2.01% · EverBank | 0.15% | 49 |
| 2010 | 1.11% | 2.51% · EverBank | 0.30% | 51 |
| 2009 | 1.50% | 3.76% · Choice Financial (30-day intro rate) | 0.50% | 56 |
Please Note: We are not a bank or credit union and are not affiliated with any. The information above is provided 'as is' and solely for informational purposes, not for specific financial advice. While we aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date. Please check with banks directly for the most up to date and accurate information.