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Best Savings Rates in 2022

In 2022, the median savings rate RateBrain tracked was 2.97% across 48 products. The highest was 4.35% APY from MySavingsDirect. That median was up from 0.45% in 2021.

« 2021All years2023 »

Every Savings rate we tracked in 2022

BankHighYear end
MySavingsDirect4.35%4.35%
Upgrade4.13%4.13%
Popular Direct4.11%4.11%
UFB Direct4.11%4.11%
Wealthfront3.80%3.80%
Synchrony Bank3.75%3.75%
LendingClub3.60%3.60%
Bread Financial3.50%3.50%
Dollar Savings Direct3.50%3.50%
Quontic Bank3.50%3.50%
Barclays Bank3.40%3.40%
Ally Bank3.30%3.30%
American Express3.30%3.30%
Capital One3.30%3.30%
Discover Bank3.30%3.30%
Marcus3.30%3.30%
SFGI Direct3.26%3.26%
E*TRADE Bank3.25%3.25%
EverBank3.15%3.15%
Sallie Mae3.10%3.10%
SmartyPig3.10%3.10%
Colorado Federal Savings Bank3.05%3.05%
FNBO Direct3.00%3.00%
Ridgewood Savings Bank3.00%3.00%
Citizens National Bank2.94%2.94%
Alliant Credit Union2.70%2.70%
Emigrant Direct2.50%2.50%
Chime2.00%2.00%
Provident NJ2.00%2.00%
Bank5 Connect1.50%1.50%
Vio Bank1.10%1.10%
Amboy Direct1.03%1.03%
Axos Bank0.61%0.61%
Charles Schwab Bank0.48%0.48%
PurePoint1.01%0.40%
Bank Purely0.25%0.25%
iGoBanking.com0.25%0.25%
First National Community Bank0.20%0.20%
Goldwater Bank0.45%0.20%
Quaint Oak Bank0.20%0.20%
Memory Bank0.15%0.15%
Self Help Credit Union0.15%0.15%
Able Banking0.10%0.10%
California First National Bank0.05%0.05%
HSBC Bank0.15%0.05%
Mutual of Omaha Bank0.05%0.05%
Zions Bank0.03%0.03%
EBSB Direct0.01%0.01%

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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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