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Best Savings Rates in 2024

In 2024, the median savings rate RateBrain tracked was 4.35% across 57 products. The highest was 5.35% APY from CFG Bank. The median was unchanged from 2023.

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Every Savings rate we tracked in 2024

BankHighYear end
Ivy Bank5.30%5.30%
Western Aliiance Bank5.28%5.27%
Total Direct Bank5.26%5.26%
CFG Bank5.35%5.25%
Newtek Bank5.25%5.25%
Upgrade5.21%5.21%
Able Banking5.15%5.15%
Bread Financial5.15%5.15%
Laurel Road5.15%5.15%
UFB Direct5.25%5.15%
Bask Bank5.10%5.10%
BMO Alto5.10%5.10%
Popular Direct5.35%5.05%
Betterment5.00%5.00%
LendingClub5.00%5.00%
Merchants Bank of Indiana5.00%5.00%
Varo Bank5.00%5.00%
Wealthfront5.00%5.00%
FNBO Direct5.15%4.75%
Valley Direct5.25%4.75%
Empower4.70%4.70%
Citizens National Bank4.60%4.60%
E*TRADE Bank4.50%4.50%
Quontic Bank4.50%4.50%
Colorado Federal Savings Bank4.40%4.40%
EverBank5.15%4.40%
Marcus4.50%4.40%
Barclays Bank4.35%4.35%
MySavingsDirect4.35%4.35%
SFGI Direct4.26%4.26%
US Bank4.50%4.25%
Goldwater Bank4.15%4.15%
Sallie Mae4.25%4.10%
SmartyPig4.25%4.10%
Synchrony Bank4.75%4.10%
Dollar Savings Direct5.00%4.00%
Emigrant Direct4.00%4.00%
First Foundation Bank5.00%4.00%
Ally Bank4.35%3.80%
American Express4.35%3.80%
Capital One4.35%3.80%
Discover Bank4.35%3.75%
Ridgewood Savings Bank3.50%3.50%
Provident NJ3.25%3.25%
Alliant Credit Union3.10%3.10%
Chime2.00%2.00%
Bank5 Connect1.50%1.50%
Bank Purely1.50%1.50%
Vio Bank1.10%1.10%
Axos Bank0.61%0.61%
Charles Schwab Bank0.48%0.48%
Self Help Credit Union0.30%0.30%
iGoBanking.com0.25%0.25%
First National Community Bank0.20%0.20%
Quaint Oak Bank0.20%0.20%
Memory Bank0.15%0.15%
HSBC Bank0.05%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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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.

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