Best Savings Rates in 2023

Name: Best Savings Rates in 2023
Creator: RateBrain

In 2023, the median savings rate RateBrain tracked was 4.35% across 58 products. The highest was 5.40% APY from Popular Direct. That median was up from 2.97% in 2022.

« 2022 All years 2024 »

Every Savings rate we tracked in 2023

Bank	High	Year end
CFG Bank	5.35%	5.35%
Popular Direct	5.40%	5.35%
Ivy Bank	5.30%	5.30%
Total Direct Bank	5.26%	5.26%
Western Aliiance Bank	5.26%	5.26%
Newtek Bank	5.25%	5.25%
UFB Direct	5.25%	5.25%
Valley Direct	5.25%	5.25%
Bread Financial	5.15%	5.15%
EverBank	5.15%	5.15%
FNBO Direct	5.15%	5.15%
Bask Bank	5.10%	5.10%
BMO Alto	5.10%	5.10%
Upgrade	5.07%	5.07%
Dollar Savings Direct	5.00%	5.00%
First Foundation Bank	5.00%	5.00%
Laurel Road	5.00%	5.00%
Merchants Bank of Indiana	5.00%	5.00%
Varo Bank	5.00%	5.00%
Wealthfront	5.00%	5.00%
Primis Bank	4.92%	4.92%
Betterment	4.75%	4.75%
Synchrony Bank	4.75%	4.75%
Citizens National Bank	4.60%	4.60%
LendingClub	4.50%	4.50%
Quontic Bank	4.50%	4.50%
US Bank	4.50%	4.50%
Colorado Federal Savings Bank	4.40%	4.40%
Ally Bank	4.35%	4.35%
American Express	4.35%	4.35%
Barclays Bank	4.35%	4.35%
Capital One	4.35%	4.35%
Discover Bank	4.35%	4.35%
MySavingsDirect	4.35%	4.35%
Marcus	4.30%	4.30%
SFGI Direct	4.26%	4.26%
E*TRADE Bank	4.25%	4.25%
Sallie Mae	4.25%	4.25%
SmartyPig	4.25%	4.25%
Emigrant Direct	4.00%	4.00%
Ridgewood Savings Bank	3.50%	3.50%
Provident NJ	3.25%	3.25%
Alliant Credit Union	3.10%	3.10%
Chime	2.00%	2.00%
Bank5 Connect	1.50%	1.50%
Bank Purely	1.50%	1.50%
Vio Bank	1.10%	1.10%
Goldwater Bank	1.00%	1.00%
Axos Bank	0.61%	0.61%
Charles Schwab Bank	0.48%	0.48%
PurePoint	0.40%	0.40%
Self Help Credit Union	0.30%	0.30%
iGoBanking.com	0.25%	0.25%
First National Community Bank	0.20%	0.20%
Quaint Oak Bank	0.20%	0.20%
Memory Bank	0.15%	0.15%
Able Banking	0.10%	0.10%
HSBC Bank	0.05%	0.05%

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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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