Best high-yield savings and money market rates (October 2026)
Savings and money market APYs from online banks, big national banks and credit unions, with the conditions behind each rate. The national average money market rate is 0.47%.
Updated October 20, 2026
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Rates as of October 20, 2026. Savings and money market rates are variable and can change at any time.
FDIC insures deposits at banks, and the NCUA insures deposits at federal credit unions and most state credit unions. Both cover up to $250,000 per depositor, per institution, per ownership category. Accounts marked "via partner bank" are held at an FDIC-insured partner bank, not the app itself.
Location
State filters show banks and credit unions with branches there. Online banks and credit unions marked "Open nationwide" accept customers in every state.
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Bank
Rate
Minimum
Monthly fee
Conditions
Link
AX
AxosAxos ONE Savings · SavingsFDICOnline bankOpen nationwide
5.00%
APY
4.21% ongoing with qualifying activity; 1.00% base
$0
$0
Intro rate for new customers for 6 statement cycles on balances up to $49,999.99. Open by Oct 31, 2026, and receive $1,500+ in monthly direct deposits with a $1,500 average balance (or $5,000+ in deposits and balance).
Digital Federal Credit Union (DCU)Primary Savings · SavingsNCUACredit unionWho can join: Anyone, through a partner organization; also MA and GA residents in listed areasBranches in: East Coast
Suncoast Credit UnionHigh Yield Savings · SavingsNCUACredit unionWho can join: People who live, work, worship or attend school in listed Florida countiesBranches in: Florida, East Coast
Golden 1 Credit UnionGrowth Savings · SavingsNCUACredit unionWho can join: People who live or work in California, and their familiesBranches in: California
Suncoast Credit UnionMoney Market · Money marketNCUACredit unionWho can join: People who live, work, worship or attend school in listed Florida countiesBranches in: Florida, East Coast
Golden 1 Credit UnionMoney Market Savings · Money marketNCUACredit unionWho can join: People who live or work in California, and their familiesBranches in: California
Digital Federal Credit Union (DCU)Money Market Savings · Money marketNCUACredit unionWho can join: Anyone, through a partner organization; also MA and GA residents in listed areasBranches in: East Coast
State Employees' Credit UnionMoney Market · Money marketNCUACredit unionWho can join: North Carolina state employees, related public groups and their familiesBranches in: East Coast
VyStar Credit UnionMoney Market · Money marketNCUACredit unionWho can join: People who live or work in listed Florida and Georgia counties, and their familiesBranches in: Florida, East Coast
Some of the highest rates are introductory or require direct deposit; the conditions column shows what it takes. The national average savings rate is 0.64%. Big-bank standard savings rates are shown for comparison.
High-yield savings or money market?
Both pay variable interest and are FDIC-insured. Money market accounts often add check-writing or a debit card, while high-yield savings accounts usually pay a little more. Choose by how you'll use the money.
Watch for intro rates
Several top rates last only a few months or need direct deposit. Compare the ongoing rate shown under the APY, not just the headline number.
Stack a bonus with a rate
SoFi, Western Alliance Bank and E*TRADE pair their savings rates with a sign-up bonus. See current bank bonuses.