Following table shows the best savings accounts in the United States. Popular Direct offers the best savings account with 1.26% APY for balances over $5,000. The account has a $4 monthly maintenance fee if the daily balance below $500. Popular Direct is an online banking division of Banco Popular North America (BPNA), the nation’s premier community bank headquartered in New York with branches in California, Florida, New Jersey, Illinois and Texas. All deposits are insured by the FDIC.

Rank Bank Account APY Monthly Fees Min Opening Deposit
1 Popular Direct Popular Direct Savings 1.26% $4 $5,000
2 Northpointe Bank (1) Ultimate Savings Promo 1.12% n/a $10,000
3 Incredible Bank Incredible Savings 1.11% $15 $2,500
4 Palladian PrivateBank (2) Palladian Savings Account 1.10% $0 $1,000
5 Salem Five Direct (3) eOne Savings - New Money Only 1.10% $0 $100
6 SFGI Direct SFGI Direct Savings 1.06% $0 $500
7 AloStar Bank of Commerce (4) High Yield Savings 1.05% $0 $50
8 Synchrony Bank High Yield Savings 1.05% $0 $0
9 GS Bank (Goldman Sachs Bank USA) Online Savings 1.05% $0 $0
10 Barclays Dream Account 1.05% $0 $0
11 Ally Bank Online Savings 1.00% $0 $0
12 iGObanking iGOsavings 1.00% $0 $1
13 Radius Bank (5) Radius High-Yield Savings 1.00% $0 $10
14 UFB Direct (6) UFB Savings 1.00% $0 $100
15 Discover Bank Savings Account 0.95% $0 $500
16 FNBO Direct Online Savings 0.95% $0 $1
17 CIT Bank High Yield Savings 0.95% $0 $100
18 Bank5 Connect (7) High-Interest Savings 0.90% $0 $10
19 American Express Bank High Yield Savings 0.90% n/a $0
20 Chesapeake Bank Clear Sky savings 0.90% $0 $0
21 Pacific National Bank Savings Online Special 0.90% n/a $250
22 SmartyPig (8) SmartyPig Savings 0.90% $0 $0
23 MySavingsDirect MySavings Account 0.85% $0 $1
24 Colorado Federal Savings Bank Online Savings 0.85% n/a $2,500
25 Sallie Mae Bank Upromise GoalSaver Account 0.85% $0 n/a
26 Amboy Direct (9) Personal eSavings 0.80% $0 $100
27 EH National Bank Personal Savings 0.79% $10 $1,000
28 Capital One 360 360 Savings 0.75% $0 $0
29 BankMobile High Yield Savings 0.75% $0 $0
30 ProvidentNJ Direct (10) Power Savings 0.75% $0 $50
31 Newtown Savings Bank (11) NSBiSavings 0.70% $25 $5000
32 TIAA Direct High Yield Savings 0.65% $0 $100
33 1st Constitution Bank 1st Choice Super Savings 0.65% $20 $10,000
34 Bank of the Internet USA (12) High Yield Savings 0.61% $0 $0
35 First Internet Bank of Indiana Regular Savings 0.60% $2 $100
36 NewDominion Bank (13) Pursuit savings 0.60% $0 $0
37 DollarSavingsDirect Dollar Savings 0.55% $0 $1,000
38 North American Savings Bank E-Savings 0.55% $7.5 $100
39 EverBank Basic Savings 0.51% $5 $25
40 Dime Community Bank DimeDirect Statement Savings 0.50% $0 $100
41 EmigrantDirect (14) AmericanDream SavingsAccount 0.50% $0 $1

Rates are effective as of January 16, 2017.

1 - 1.12% APY on balances of $10,000 - $500,000
2 - The promotional interest rate is fixed at 1.30% for the first 6 months.
3 - 1.10% APY on balances < $500,000
4 - Maximum opening deposit limited to $250,000
5 - 1.00% APY on balances of $2,500 & up
6 - 1.00% APY on balances over $25,000
7 - The minimum balance to earn interest is $100
8 - 0.90% APY on balances over $50,000
SmartyPig is an online piggybank. SmartyPig  accounts are offered through Sallie Mae.
9 - 0.80% APY on balances of $3,000 - $100,000
10 - 0.75% APY on balances over $10,000
11 - 0.70% APY on balances over $100,000
12 - America’s oldest and most trusted internet bank
13 - 0.60% APY on balances over $10,000
14 - EmigrantDirect is a division of Emigrant Bank.

Savings Account Rates (Top U.S. Banks)

Bank Account APY Min. Opening Deposit Monthly Fee
Bank of America Regular Savings Account 0,01% $25 $5
Wells Fargo Way2Save Savings 0,01% $25 $5
Chase Chase Savings 0,01% $25 $5
Citibank Access Account 0,01% $100 $4.5
U.S. Bank Standard Savings 0,01% $25 $4
M&T Bank Relationship Savings 0,02% n/a $7.5
PNC Bank Standard Savings 0,01% $25 $5
Fifth Third Bank Goal Setter Savings 0,01% $50 $5