Deposit Diary Daily #152
Best Nationally Available Savings/Money Market Accounts, 25 October 2024
Rates Continue to Drop
Of the top 100 nationally available savings accounts and Money Markets in this week’s Liquid Summary, 13 products had rate decreases in the past week, but only one of the rate drops occurred in the top 25% of accounts followed.
Current Top Rates
Listed below are the 25 highest-rate nationally available savings accounts and Money Market accounts from banks and credit unions as of October 25, 2024.
The links go to either the product’s landing page or the financial institution’s rate page.
Pibank • Pibank Savings • 5.50% (no min or min opening deposit) (no rate guarantee)
Newtek Bank • Personal High Yield Savings • 5.25% (no min or min opening deposit)
TIMBR • TIMBR High Yield Savings • 5.25% (no min), ($1k min opening deposit)
LendingClub • LevelUp Savings • 5.15% (no min or min opening deposit) • requires minimum deposit(s) of $250 each month
TotalDirectBank • Direct Money Market Deposit Account • 5.11% ($2.5k min), ($25k min opening deposit)
Bank 5 Connect • Jumbo Savings • 5.10% ($25k min) ($25k min opening deposit)
Peak Bank • Envision High-Yield Savings • 5.07% ($0.01-$10m) (no min opening deposit)
EverBank • Performance Savings • 5.05% (no min opening deposit)
ValleyDirect • Valley Direct Savings Promo • 5.05% 5.05% ($0.01) ($5k min opening deposit) • new customers only
Vio Bank • Cornerstone Money Market • 5.05% ($100 min opening deposit)
BrioDirect • High-Yield Savings • 5.05% ($25 min) ($5k min opening deposit)
Forbright Bank • Growth Savings • 5.00% (no min or min opening deposit)
My Banking Direct • High Yield Savings • 5.00% ($1 min)
ZYNLO Bank • Tomorrow Savings • 5.00% ($.01 min), ($10 min opening deposit)
ZYNLO Bank • Money Market • 5.00% (up to $250k), 0.10% ($250k+), ($10 min opening deposit)
Quontic Bank • Personal Money Market • 5.00% (all balances), ($100 min opening deposit)
FitnessBank • Fitness Savings Account • 5.00% ($250k max), ($100 min opening deposit)
Poppy Bank • Poppy Premier Online Savings • 5.00% ($1k min) (no rate guarantee)
CFG Bank • High Yield Money Market Account • 5.00% ($1k min), ($1k min opening deposit)
Ivy Bank • High-Yield Savings • 5.00% ($2.5k - $1m), 0.05% ($10), ($2.5k min opening deposit)
Langley Federal Credit Union • High-Yield Savings • 5.00% (up to $10k), 0.05% (balances > $10k)
SBT (State Bank of Texas) • Jumbo Money Market • 4.96% ($100k min, new money only)
First Internet Bank • Money Market Savings • 4.95% ($1m+), 3.77% (up to $1m), ($100 min opening deposit)
Veritex Community Bank • Max Savings • 4.91% (no min)
Fieldpoint Private • Max Savings • 4.90% (↓2 bps) (no min)
Recent Rate Changes/Additions/Removals
RATE DECREASES
Fieldpoint Private • Max Savings • 4.90% (↓2 bps)
Western Alliance Bank • High-Yield Savings Premier • 4.81% (↓15 bps)
Popular Direct • Popular Direct Select Savings • 4.76% (↓4 bps)
Jovia Financial Credit Union • Online Savings • 4.75% (↓25 bps)
CloudBank 24/7 (Raisin) • High Yield Savings Account • 4.62% (↓3 bps)
American First Credit Union (Raisin) • Money Market Deposit Account • 4.60% (↓5 bps)
Dayspring Bank (Raisin) • Money Market Deposit Account • 4.57% (↓5 bps)
Dayspring Bank (Raisin) • High Yield Savings Account • 4.57% (↓5 bps)
Mission Valley Bank (Raisin) • High Yield Savings Account • 4.51% (↓14 bps)
Laurel Road • Laurel Road High Yield Savings • 4.50% (↓30 bps)
CF Bank (Raisin) • High Yield Savings Account • 4.55% (↓10 bps)
The State Exchange Bank (Raisin) • High Yield Savings Account • 4.47% (↓8 bps)
Generations Bank (Raisin) • Money Market Deposit Account • 4.34% (↓1 bps)
ADDED
The Atlantic Federal Credit Union (Raisin) • Money Market Deposit Account • 4.61%
dr Bank (Raisin) • High Yield Savings Account • 4.60%
REMOVED (rate too low)
Synchrony Bank • High Yield Savings • 4.30%
Quontic Bank • High Yield Savings • 4.25% (↓25 bps)
SPREADSHEET
The attached spreadsheet lists the 100 current best rates offered on nationally available savings accounts and Money Market accounts as of this writing.
