Deposit Diary Daily #402
Best Nationally Available Savings/Money Market Accounts (27 June 2025)
What’s Happening
There’s a new rate-leading Money Market account in this week’s Summary. The HUSTL Money Market is currently offering 5.00% on all balances. HUSTL, a new digital financial brand built for freelancers, was launched by Arizona-based Vantage West Credit Union in early 2024. Vantage West CU is currently the 4th largest credit union headquartered in Arizona, with assets in excess of $3.2 billion.
As Ken Tumin stated in a review of HUSTL on Twitter this week,
Even though HUSTL is targeting freelancers, personal accounts can be opened by people in any state. Those outside of AZ can “join Local First Arizona” to qualify for membership. Biz accounts are only available to businesses registered in AZ.
Ken also noted that,
The MMA’s 5% APY is likely an attempt to bring in new members and deposits. Based on the HYSA [High Yield Savings Account] rate history, I doubt the 5% APY will last more than a few months. Nevertheless, it’s now the rate leader for nationally-available HYSA/MMAs with no min or max.
Deposit Quest subscriber, midas89, provided the following info about the Money Market account:
No monthly fees or minimums, and no transaction limits.
Can fund the account via a credit card up to $2,000.
All accounts are held at Vantage West CU where savings are insured by the National Credit Union Share Insurance Fund (NCUA).
The HUSTL website has an extensive FAQ section that can answer almost any question you might have about the Money Market account.
Current Top Rates
Listed below are the 20 highest-rate nationally available savings accounts and Money Market accounts as of June 27, 2025. The links go to either the product’s landing page or the financial institution’s rate page.
HUSTL • Money Market • 5.00% (no min/max)
Evergreen Wealth • High Yield Savings • 5.00% ($25k min)
AlumniFi Credit Union • AlumniFi Savings • 4.75% ($100k+), 4.50% ($25k), 4.25% (no min)
Roger Bank • Savings • 4.65% (up to $250k) (no min or min opening deposit, but an active Roger checking account is required)
Pibank • Pibank Savings • 4.60% (no min or min opening deposit) • N.B. No ACH available for Pibank Savings
Elevault • Vault • 4.60% (up to $250k max balance) • Elevault is now a division of Southern Bancorp Bank
FitnessBank • Fitness Savings Account • 4.55% ($250k max), ($100 min opening deposit)
SBT (State Bank of Texas) • Jumbo Money Market • 4.54% ($100k min, new money only)
Presidential Bank • Advantage Savings • 4.50% ($5k min opening deposit) (Advantage Checking required)
Amalgamated Bank • Money Market Account • 4.50% ($10k min opening deposit, new money) (6-month rate guarantee)
Climate First Bank • Impact Personal Money Market • 4.46% (all balances), ($50k min opening deposit)
Peak Bank • Envision High-Yield Savings • 4.44% (up to $10m), 2.02% ($10m+) (no min opening deposit)
First Internet Bank • Money Market Savings • 4.42% ($1m+), 3.61% (up to $1m), ($100 min opening deposit)
TotalDirectBank • Direct Money Market Deposit Account • 4.41% ($2.5k min), ($25k min opening deposit)
LendingClub • LevelUp Savings • 4.40% (no min or min opening deposit) • requires minimum deposit(s) of $250 each month
TIMBR • TIMBR High Yield Savings • 4.40% (no min) ($1k min opening deposit)
ZYNLO Bank • Money Market • 4.40% (up to $250k), 0.10% ($250k+), ($10 min opening deposit)
Eagle Bank • Personal Eagle HYSA • 4.40% ($1k min opening new money)
OnPath Federal Credit Union • Elite Money Market • 4.40 ($25k min) ($25k min/min opening deposit)
Newtek Bank • Personal High Yield Savings • 4.35% (no min)
RECENT CHANGES
Newly Added
HUSTLE • Money Market • 5.00% (all balances) (no min/max)
Rate Increases
NexBank (Raisin) • Money Market Deposit Account • 4.32% (▲1 bps) ($1 min)
Paprika Capital Bank (Raisin) • High Yield Savings Account • 4.30% (▲3 bps) ($1 min)
Customers Bank • Max Savings • 4.06% (▲2 bps) (no min)
Rate Decreases
TAB Bank • High Yield Savings • 4.15% (▼11 bps) ($1 min)
Dayspring Bank (Raisin) • Money Market Deposit Account • 4.11% (▼6 bps) ($1 min)
Dayspring Bank (Raisin) • High Yield Savings Account • 4.11% (▼6 bps) ($1 min)
CIT Bank • Platinum Savings • 4.00% (▼5 bps) ($5k min), 0.25% (up to $5k)
Removed, No Longer Available
ICON Business Bank (Raisin) • Money Market Deposit Account • 4.29% ($1 min)
Removed, Rate Drop
Quontic Bank • Personal Money Market • 3.75% (▼50 bps) (all balances)
SPREADSHEET
The attached spreadsheet lists the current 100 best rates offered on nationally available savings accounts and Money Market accounts as of June 27, 2025.
Roger Bank savings is now 4.05% APR and 4.12% APY. Big drop. Disappointing news, for sure. Let the exodus begin.