Deposit Diary Daily #196
Best Nationally Available Savings/Money Market Accounts, 6 December 2024
The number of Savings/Money Market accounts with APYs of at least 5.00% has been reduced to only five.
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 December 6, 2024.
The links go to either the product’s landing page or the financial institution’s rate page.
TIMBR • TIMBR High Yield Savings • 5.25% (no min), ($1k min opening deposit)
Bank of Hope • High Yield Savings • 5.10% ($0,01 min), ($1 min opening deposit)
Pibank • Pibank Savings • 5.00% (↓50 bps) (no min or min opening deposit) (no rate guarantee)
ZYNLO Bank • Tomorrow Savings • 5.00% ($.01 min), ($10 min opening deposit)
ZYNLO Bank • Money Market • 5.00% (up to $250k), 0.10% ($250k+), ($10 min opening deposit)
Newtek Bank • Personal High Yield Savings • 4.90% (no min or min opening deposit)
FitnessBank • Fitness Savings Account • 4.90% (↓10 bps) ($250k max), ($100 min opening deposit)
TotalDirectBank • Direct Money Market Deposit Account • 4.86% (↓15 bps) ($2.5k min), ($25k min opening deposit)
Brilliant Bank • Surge Money Market Account • 4.85% ($1k min opening deposit)
BrioDirect • High-Yield Savings • 4.85% ($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)
Vio Bank • Cornerstone Money Market • 4.77% (↓13 bps) ($100 min opening deposit)
Peak Bank • Envision High-Yield Savings • 4.75% ($0.01 - $10m) (no min opening deposit)
LendingClub • LevelUp Savings • 4.75% (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% ($1 min)
Quontic Bank • Personal Money Market • 4.75% (all balances)
Poppy Bank • Poppy Premier Online Savings • 4.75% ($1k min)
First Foundation Bank • Online Money Market Account • 4.75% ($1k min opening)
First Foundation Bank • Online Savings • 4.75% ($1k min opening)
Northern Bank Direct • Money Market Premier • 4.75% (up to $250k), ($5k min opening deposit)
SBT (State Bank of Texas) • Jumbo Money Market • 4.75% ($100k min, new money only)
Primis Bank • Primis Savings Account • 4.70% (↓5 bps) ($1 min opening deposit)
Recent Rate Changes
There have been 18 rate decreases in the past seven days; not surprisingly, there were no rate increases this week.
PiBank • Pibank Savings • 5.00% (↓50 bps)
FitnessBank • Fitness Savings Account • 4.90% (↓10 bps)
TotalDirectBank • Direct Money Market Deposit Account • 4.86% (↓15 bps)
Vio Bank • Cornerstone Money Market • 4.77% (↓13 bps)
Primis Bank • Primis Savings Account • 4.70% (↓5 bps)
Bread Financial • High-Yield Savings • 4.60% (↓5 bps)
Ivy Bank • High-Yield Savings • 4.60% (↓40 bps)
Bank Five Connect • Jumbo Savings • 4.60% (↓35 bps)
Credit One Bank, N.A. • Jumbo High Yield Savings Account • 4.55% (↓15 bps)
Fieldpoint Bank • Jumbo High Yield Savings Account • 4.40% (↓17 bps)
SkyOne Federal Credit Union (Raisin) • Money Market Deposit Account • 4.40% (↓20 bps)
Dayspring Bank (Raisin) • Money Market Deposit Account • 4.40% (↓5 bps)
Dayspring Bank (Raisin) • High Yield Savings Account • 4.40% (↓5 bps)
TAB Bank • High Yield Savings • 4.37% (↓15 bps)
Bank 5 Connect • Accelerator Money Market • 4.31% (↓10 bps)
CommunityWide Federal Credit Union • CW Hi-Rate Monthly • 4.25% (↓25 bps)
iGObanking.com • iGOmoneymarket • 4.12% (↓22 bps)
BankPurely • PurelyIndexMoneyMarket • 4.12% (↓22 bps)
Removal, Rate Decrease
Citizens State Bank (Raisin) • High Yield Savings • 4.00% (↓35 bps)
Removal, No Longer Offered
Greenwood Credit Union (Raisin) • High Yield Savings • 4.46%
InRoads Federal Credit Union (Raisin) • High Yield Savings • 4.42%
SPREADSHEET
The attached spreadsheet lists the 100 current best rates offered on nationally available savings accounts and Money Market accounts as of December 6, 2024.
