Milli Savings Account: Best for Separate Savings Goals
Milli’s savings account is best for those who are working toward multiple savings goals. With Milli Savings Jars, you can create and customize up to five different savings goals. Plus, you’ll earn one of the highest savings rates available.
Bask Interest Savings Account: Best for Simple High-Yield Savings
If you prioritize ease of use and high interest over an abundance of features, this account should be on your radar. Bask Bank’s Interest Savings account is a straightforward account with no monthly fees, no minimum balance requirements and a competitive interest rate on any balance.
M1 High-Yield Savings Account: Best for High Balances
M1’s High-Yield Savings Account is best for customers who plan to keep a high balance in their savings account. Typical FDIC insurance covers $250,000 per institution, but M1 offers up to $5 million in FDIC coverage through its network of insured institutions.
UFB Secure Savings: Best for Cash Withdrawals
UFB Secure Savings is best for customers who make a lot of cash withdrawals. While ATM cards aren’t common with savings accounts, UFB provides a complimentary card and access to over 91,000 fee-free ATMs.
Bread Savings High-Yield Savings Account: Best for Frequent Deposits
The Bread Savings High-Yield Savings Account is best for those who need to make frequent deposits into their savings accounts. While some banks put a limit on monthly deposits, Bread allows unlimited mobile check deposits and ACH transfers. Plus, there’s no fee for incoming wire transfers.
SoFi Checking and Savings: Best for Combined Checking and Savings
SoFi Checking and Savings is best for customers who do all their banking—from spending to saving money—in one account. Those who prefer the convenience of a single account will love the accessible checking features and the high-yield interest earnings.
Citizens Access Savings: Best for No Fees
Citizens Access Savings is best for those who want a no-fee savings account—period. Many online savings accounts forgo monthly fees but charge fees for excess transactions, ATM use or other services. Citizens Access has no fees or hidden costs, so you can be confident this is a truly free account.
Synchrony High Yield Savings: Best for ATM Reimbursements
Synchrony High Yield Savings is the best high-yield savings account for ATM reimbursements. Not only does the account come with an ATM card for convenient access to your funds, but Synchrony will reimburse up to $5 per month in out-of-network ATM fees.
BMO Alto Online Savings Account: Best for Unlimited Transfers and Withdrawals
BMO Alto’s Online Savings account is best for unlimited transfers and withdrawals. If you frequently move money in and out of savings or need unlimited access to your funds, this account may be a good fit.
