Deposit Diary Daily #190
Best Nationally Available Savings/Money Market Accounts, 29 November 2024
Current Top Rates
Listed below are the 20 highest-rate nationally available savings accounts and Money Market accounts from banks and credit unions as of November 29, 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)
TIMBR • TIMBR High Yield Savings • 5.25% (no min), ($1k min opening deposit)
Bank of Hope • High Yield Savings • 5.10% ($0,01 min), ($1 min opening deposit)
TotalDirectBank • Direct Money Market Deposit Account • 5.01% (↓10 bps) ($2.5k min), ($25k min opening deposit)
ZYNLO Bank • Tomorrow Savings • 5.00% ($.01 min), ($10 min opening deposit)
ZYNLO Bank • Money Market • 5.00% (up to $250k), 0.10% ($250k+), ($10 min opening deposit)
FitnessBank • Fitness Savings Account • 5.00% ($250k max), ($100 min opening deposit)
Ivy Bank • High-Yield Savings • 5.00% ($2.5k - $1m), 0.05% ($10), ($2.5k min opening deposit)
Bank 5 Connect • Jumbo Savings • 4.95% ($25k min) ($25k min opening deposit)
Newtek Bank • Personal High Yield Savings • 4.90% (↓35 bps) (no min or min opening deposit)
Vio Bank • Cornerstone Money Market • 4.90% ($100 min opening deposit)
Brilliant Bank • Surge Money Market Account • 4.85% ($1k min opening deposit)
BrioDirect • High-Yield Savings • 4.85% (↓15 bps) ($25 min) ($5k min opening deposit)
Jenuis Bank • Jenius Savings Account • 4.80% (no min)
ValleyDirect • Valley Direct Savings Promo • 4.80% ($0.01) ($5k min opening deposit)
Barclays • Barclays Tiered Savings • 4.80% ($250k+), 4.50% (<$250k)
Peak Bank • Envision High-Yield Savings • 4.75% ($0.01 - $10m) (no min opening deposit)
LendingClub • LevelUp Savings • 4.75% (↓25 bps) (no min or min opening deposit) • requires minimum deposit(s) of $250 each month
EverBank • Performance Savings • 4.75% (no min opening deposit)
My Banking Direct • High Yield Savings • 4.75% (↓10 bps) ($1 min)
*Upcoming Pibank Rate Change
Earlier this week, Pibank announced a rate cut for its market-leading Pibank Savings:
We wanted to inform you that effective December 2, 2024, the Pibank Savings Annual Percentage Yield (APY*) will be updated from 5.50% to 5.00% APY*. This adjustment reflects current market trends.
Bonus On Raisin Accounts
Raisin is offering a Cyber Week bonus on all its accounts.
For a limited time, earn $10 for every $5,000 in deposits made by December 6th, 2024 and maintained through March 6th, 2025 with code CYBER at sign-up.
Recent Rate Changes
There were two rate increases in the past week:
UNCLE Credit Union (Raisin) • Money Market Deposit Account • 4.45% (↑8 bps)
Sterling Federal Bank (Raisin) • Money Market Deposit Account • 4.26% (↑6 bps)
Another three savings/Money Market accounts with APYs of at least 5.00% have been reduced,
Newtek Bank • Personal High Yield Savings • 4.90% (↓35 bps)
LendingClub Bank • LevelUp Savings • 4.75% (↓25 bps)
Poppy Bank • Poppy Premier Online Savings • 4.75% (↓25 bps)
An additional eight accounts also have recently lowered rates:
My Banking Direct • High Yield Savings • 4.75% (↓10 bps)
Bread Financial • High-Yield Savings • 4.65% (↓10 bps)
CIBC Bank USA • Agility Savings Account • 4.51% (↓10 bps)
InRoads Federal Credit Union (Raisin) • High Yield Savings Account • 4.42% (↓3 bps)
American First Credit Union (Raisin) • Money Market Deposit Account • 4.40% (↓5 bps)
DollarSavingsDirect • Dollar Savings Account • 4.25% (↓60 bps)
Jovia Financial Credit Union • Online Savings • 4.25% (↓50 bps)
NASB • E-Savings • 4.45% (↓20 bps)
Removal, Rate Decrease
Synchrony Bank NA • High Yield Savings • 4.10% (↓20 bps)
Removal, Uncompetitive Rate
Customers Bank (Raisin) • High Yield Savings Account • 4.16%
SPREADSHEET
The attached spreadsheet lists the 100 current best rates offered on nationally available savings accounts and Money Market accounts as of November 29, 2024.
