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Best Savings Rates in 2020

In 2020, the median savings rate RateBrain tracked was 0.50% across 50 products. The highest was 2.02% APY from Vio Bank. That median was down from 1.70% in 2019.

« 2019All years2021 »

Every Savings rate we tracked in 2020

BankHighYear end
Citizens National Bank1.91%1.91%
Wealthfront1.82%1.78%
Marcus1.70%1.70%
Synchrony Bank1.80%1.70%
Provident NJ1.51%1.51%
Investors Bank1.75%1.50%
UFB Direct1.45%1.45%
Barclays Bank1.70%1.30%
SmartyPig1.75%1.15%
PurePoint1.80%1.01%
Sallie Mae1.75%0.80%
SFGI Direct1.91%0.67%
Vio Bank2.02%0.66%
Axos Bank1.30%0.61%
BAC Florida1.90%0.60%
Colorado Federal Savings Bank1.75%0.60%
Popular Direct1.90%0.60%
Ridgewood Savings Bank1.80%0.60%
Alliant Credit Union1.65%0.55%
Amboy Direct1.71%0.55%
Bank5 Connect1.85%0.55%
MySavingsDirect1.90%0.55%
Able Banking1.85%0.50%
Ally Bank1.70%0.50%
American Express1.70%0.50%
Discover Bank1.70%0.50%
Goldwater Bank1.65%0.50%
Dollar Savings Direct1.80%0.45%
Emigrant Direct0.50%0.45%
EverBank1.75%0.45%
Savings Square0.45%0.45%
Capital One1.80%0.40%
EBSB Direct1.80%0.40%
FNBO Direct1.80%0.40%
Bank Purely1.80%0.25%
First National Community Bank0.75%0.25%
iGoBanking.com1.80%0.25%
Memory Bank2.00%0.25%
Mutual of Omaha Bank1.70%0.25%
OneWest Bank0.26%0.25%
Self Help Credit Union0.25%0.25%
Quaint Oak Bank0.20%0.20%
HSBC Bank0.15%0.15%
LendingClub1.25%0.15%
People's United Bank0.30%0.15%
California First National Bank0.50%0.05%
Charles Schwab Bank0.18%0.05%
E*TRADE Bank1.75%0.05%
Seacoast Commerce Bank0.05%0.05%
Zions Bank0.08%0.03%

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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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.

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