Best of

Best Savings Accounts of June 2019

NerdWalletJune 4, 2019

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Citizens Access Online Savings Account

at Citizens Access,

Member, FDIC

at Citizens Access,

Member, FDIC

APY

2.35%

With $5000 minimum balance

Goldman Sachs Bank USA Online Savings

at Goldman Sachs Bank USA,

Member, FDIC

at Goldman Sachs Bank USA,

Member, FDIC

APY

2.25%

With $0 minimum balance

APY

2.30%

With $1 minimum balance

APY

2.20%

With $1 minimum balance

American Express National Bank High Yield Savings Account

at American Express National Bank,

Member, FDIC

at American Express National Bank,

Member, FDIC

APY

2.10%

With $1 minimum balance

Discover Online Savings

at Discover,

Member, FDIC

at Discover,

Member, FDIC

APY

2.10%

With $0 minimum balance

Bonus

$200

Requirements to qualify

PurePoint® Financial Online Savings

at PurePoint® Financial,

Member, FDIC

at PurePoint® Financial,

Member, FDIC

APY

2.35%

With $10000 minimum balance

APY

2.52%

With $100 minimum balance

APY

1.30%

With $1 minimum balance

APY

2.10%

With $100 minimum balance

APY

2.20%

With $1 minimum balance

APY

2.36%

With $5000 minimum balance

Bank7 High Rate Online Savings

at Bank7,

Member, FDIC

3.5

NerdWallet rating 

at Bank7,

Member, FDIC

APY

2.35%

With $100 minimum balance

APY

2.05%

With $100 minimum balance

APY

2.20%

With $1 minimum balance

APY

2.25%

With $1 minimum balance

Summary of Best Savings Accounts of June 2019

BankAPYLearn More
Citizens Access Online Savings Account

Citizens Access Online Savings Account

at Citizens Access,

Member, FDIC

2.35%

With $5000 minimum balance

at Citizens Access,

Member, FDIC

Goldman Sachs Bank USA Online Savings

Goldman Sachs Bank USA Online Savings

at Goldman Sachs Bank USA,

Member, FDIC

2.25%

With $0 minimum balance

at Goldman Sachs Bank USA,

Member, FDIC

HSBC Online Savings Account

HSBC Online Savings Account

2.30%

With $1 minimum balance

Barclays Online Savings Account

Barclays Online Savings Account

2.20%

With $1 minimum balance

American Express National Bank High Yield Savings Account

American Express National Bank High Yield Savings Account

at American Express National Bank,

Member, FDIC

2.10%

With $1 minimum balance

at American Express National Bank,

Member, FDIC

Discover Online Savings

Discover Online Savings

at Discover,

Member, FDIC

2.10%

With $0 minimum balance

at Discover,

Member, FDIC

PurePoint® Financial Online Savings

PurePoint® Financial Online Savings

at PurePoint® Financial,

Member, FDIC

2.35%

With $10000 minimum balance

at PurePoint® Financial,

Member, FDIC

Vio Bank High Yield Online Savings Account

Vio Bank High Yield Online Savings Account

2.52%

With $100 minimum balance

Axos Bank™ High Yield Savings

Axos Bank™ High Yield Savings

1.30%

With $1 minimum balance

Alliant Credit Union High-Rate Savings

Alliant Credit Union High-Rate Savings

2.10%

With $100 minimum balance

FNBO Direct Online Savings Account

FNBO Direct Online Savings Account

2.20%

With $1 minimum balance

Popular Direct Plus Savings Account

Popular Direct Plus Savings Account

2.36%

With $5000 minimum balance

Bank7 High Rate Online Savings

Bank7 High Rate Online Savings

NerdWallet rating 

at Bank7,

Member, FDIC

2.35%

With $100 minimum balance

at Bank7,

Member, FDIC

Bank5 Connect High Interest Savings Account

Bank5 Connect High Interest Savings Account

2.05%

With $100 minimum balance

Ally Bank Online Savings Account

Ally Bank Online Savings Account

2.20%

With $1 minimum balance

Synchrony Bank High Yield Savings Account

Synchrony Bank High Yield Savings Account

2.25%

With $1 minimum balance

BankAPYLearn More
Citizens Access Online Savings Account

Citizens Access Online Savings Account

at Citizens Access,

Member, FDIC

2.35%

With $5000 minimum balance

at Citizens Access,

Member, FDIC

Goldman Sachs Bank USA Online Savings

Goldman Sachs Bank USA Online Savings

at Goldman Sachs Bank USA,

Member, FDIC

2.25%

With $0 minimum balance

at Goldman Sachs Bank USA,

Member, FDIC

HSBC Online Savings Account

HSBC Online Savings Account

2.30%

With $1 minimum balance

Barclays Online Savings Account

Barclays Online Savings Account

2.20%

With $1 minimum balance

American Express National Bank High Yield Savings Account

American Express National Bank High Yield Savings Account

at American Express National Bank,

Member, FDIC

2.10%

With $1 minimum balance

at American Express National Bank,

Member, FDIC

Discover Online Savings

Discover Online Savings

at Discover,

Member, FDIC

2.10%

With $0 minimum balance

at Discover,

Member, FDIC

PurePoint® Financial Online Savings

PurePoint® Financial Online Savings

at PurePoint® Financial,

Member, FDIC

2.35%

With $10000 minimum balance

at PurePoint® Financial,

Member, FDIC

Vio Bank High Yield Online Savings Account

Vio Bank High Yield Online Savings Account

2.52%

With $100 minimum balance

Axos Bank™ High Yield Savings

Axos Bank™ High Yield Savings

1.30%

With $1 minimum balance

Alliant Credit Union High-Rate Savings

Alliant Credit Union High-Rate Savings

2.10%

With $100 minimum balance

FNBO Direct Online Savings Account

FNBO Direct Online Savings Account

2.20%

With $1 minimum balance

Popular Direct Plus Savings Account

Popular Direct Plus Savings Account

2.36%

With $5000 minimum balance

Bank7 High Rate Online Savings

Bank7 High Rate Online Savings

NerdWallet rating 

at Bank7,

Member, FDIC

2.35%

With $100 minimum balance

at Bank7,

Member, FDIC

Bank5 Connect High Interest Savings Account

Bank5 Connect High Interest Savings Account

2.05%

With $100 minimum balance

Ally Bank Online Savings Account

Ally Bank Online Savings Account

2.20%

With $1 minimum balance

Synchrony Bank High Yield Savings Account

Synchrony Bank High Yield Savings Account

2.25%

With $1 minimum balance

Last updated on June 4, 2019

Methodology

To determine the best accounts, we took a close look at about 70 financial institutions, including the largest U.S. banks based on assets, debit card volume, Internet search traffic and other factors; the nation's largest credit unions, based on deposits as well as broad-based membership requirements; and other notable and/or emerging players in the industry. We rated them on criteria including annual percentage rates, minimum balances, fees, digital experience and more.

Financial institutions surveyed include: Alaska USA Federal Credit Union, Alliant Credit Union, Ally Bank, America First Credit Union, American Express, Aspiration, Associated Bank, Axos Bank, Bank5 Connect, Bank7, Bank of America, Bank of the West, Barclays, BB&T, BBVA Compass, Boeing Employees Credit Union, BMO Harris, Capital One 360, Charles Schwab Bank, Chase, Chime, CIT, Citibank, Citizens Access, Citizens Bank, Comerica Bank, Commerce Bank, Connexus Credit Union, Consumers Credit Union, Discover Bank, E-Trade, Fidelity, Fifth Third Bank, First National Bank, First Tech Federal Credit Union, GoBank, Golden 1 Credit Union, GS Bank, HSBC Bank USA, Huntington Bank, KeyBank, MetaBank, M&T Bank, Moven, Navy Federal Credit Union, Pentagon Federal Credit Union, PNC, Popular Direct, PurePoint Financial, Radius Bank, Redneck Bank, Regions Bank, Sallie Mae Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Service Credit Union, Simple, State Employees' Credit Union of North Carolina, State Farm Bank, Suncoast Credit Union, SunTrust Bank, Synchrony Bank, TCF Bank, TD Bank, TIAA Bank, Union Bank, UFB Direct, USAA, U.S. Bank, Varo, Wells Fargo and Zions Bank.