Best Savings Accounts

Consult all the information about the best savings accounts that you can find in the US, how to contract them, what commissions apply and what are the conditions that you must meet in order to apply for them. With these interest-bearing accounts you can make your savings profitable in complete safety and with your money always available.

Reviews, evaluations and opinions of our experts on the products and services that appear on this page are totally objective and independent. Some products may be from our partners who compensate us, which may influence where and how they are displayed. Advertising disclosure.

Compare Savings Accounts

Savings Connect account
Savings account with a high yield of 4.05% APY, with no monthly service fee, that you can open from a minimum amount of $100.
High Yield Savings account
Savings account with a profitability well above the average, with total availability of your money and with the possibility of requesting an ATM card to withdraw money.
Online Savings account
Online savings account with high profitability of 3.30% APY, with no minimum requirements or need to contract more products or maintain a minimum balance. With your money always available.
Money Market account
Money market account with a higher profitability than savings accounts, with total availability of your money through checks and transfers.
360 Performance Savings Account
Online savings account with a high yield of 3% APY and no commissions of any kind, no minimum balance required, and you can withdraw the money whenever you want.
Savings Builder account
Savings account with high profitability and without commissions of any kind, being able to freely dispose of your money.
Way2Save Savings Account
Savings account that remunerates the balance you deposit from the first dollar, with total availability of your money.
Advantage Savings Account
Savings account with a return of up to 0.04% APY, which has no maintenance fee if you maintain a balance of at least $500 or are a Preferred Rewards customer. Nor do students pay fee.
Platinum Savings Account
Savings account that offers a minimum return for your money, with the possibility of bonus it if requirements are met.
Truist One Savings Account
Interest-bearing savings account with easily avoidable monthly fee that allows you to earn a minimum return on your money from the first dollar.
Chase Savings Account
Savings account that remunerates the balance from the first dollar and with total availability of your money
Minor Savings Account
Savings account without fees for children under 18 that remunerates the balance from the first dollar.
Chase Premier Savings Account
Savings account with total availability of your money and remunerated balance with superior profitability
TD Signature Savings Account
Savings account remunerated according to your balance that does not charge a handling fee if you meet the requirements.
Citi Savings Account
Citi Savings account from Citibank allows you to obtain a return on your money with total availability to deposit it and withdraw it whenever you want
TD Simple Savings account
Interest-bearing savings account that allows you to avoid paying the monthly maintenance fee with a balance of only $300.
Standard Savings Account
Savings account with a profitability that depends on the checking account you have contracted and the deposited balance.
Elite Money Market Savings account
Savings account that offers a minimum return on your money.
Standard Savings account
Savings account that makes any amount you deposit profitable, with full availability and no money limit.
Kids Savings Account
Children's savings account that offers a high return to introduce your children to the world of personal finance.

Choosing a new savings account to start banking or to change your financial entity is a decision that should not be taken lightly.

As specialists in personal finance and comparison of financial instruments, we delve into the importance of good research. That is why we want to give you a hand when searching.

What is a savings account

It is a specific type of bank account designed for you to deposit the money that you are not going to need in the short term so that you can obtain a return on it while you do not use it.

These are products with limited operations, since they do not allow most checking account operations to be carried out, such as direct debits of income and expenses, linking debit and credit cards or other financial products such as loans or mortgages.

Savings accountsAlthough there are banks that allow you to contract them individually, the most normal thing is that you also have to have a checking account in the same bank, to which you will transfer the money when you need it.

The money in savings accounts, unlike certificates of deposit (CDs), is always available for you to use whenever you want, without any penalty for withdrawing it and maintaining profitability.

However, by law in the United States you can only withdraw money from savings accounts up to 6 times a month. If you want to make more withdrawals, you will have to pay a commission.

Differences between savings accounts and checking accounts

These two types of accounts are the most common among bank accounts. Checking accounts are those that are used for day to day and offer full operability to use them as needed.

The main distinctions that we can make between them are the following:

  • Remuneration of the balance. Savings accounts always offer a return on your money, while most checking accounts do not pay you anything for your balance, although there are some that do.
  • Operability. Checking accounts allow you to carry out any operation: direct debits of income and expenses, link loans, mortgages, debit cards, credit cards, issue and deposit checks, take out insurance and much more.
  • Availability. With checking accounts, you can have unlimited access to your money, making as many deposits and withdrawals as you need. In the case of savings, you have a limitation of 6 money withdrawals per month.
  • Commissions. Checking accounts have a greater catalog of expenses, which will depend on the entity if they are applied or not. In the case of savings, fees are practically non-existent, at most you can find yourself with a monthly fee that you can normally avoid by maintaining a minimum balance.

How to Compare Between Multiple Savings Accounts

Savings AccountsSavings accounts in the United States have the particularity of being structured to accumulate money systematically and for as long as possible. If your intention is to open one to have a money mattress, have an emergency fund or collect money for an important expense, you are on the right track.

As there are so many interesting options on the market, to choose the best savings account we recommend you look at:

Interest rates and APY

By law, banks are required to publish the annual percentage yield (APY) and the interest rate associated with savings accounts. These values ​​are essential to know how many dividends you can get at the end of the year based on the capital you have invested.

Regardless of whether the interest rates are the same value, the higher the APY, the greater the profit. Although this may not mean much in practice, a higher annual percentage yield makes your money grow faster.

Minimum monthly deposit

Just like checking accounts, some savings accounts may require a minimum initial amount or a monthly deposit. For those starting to build an emergency or other fund, this is inconvenient if their income varies each month, and it is advisable to review other options.

In any case, there is a wide variety of offers that do not have this kind of limitation to accumulate capital. Using one of these possibilities will make it easier for you to raise a certain amount, switch to a savings account with a higher APY, and meet the monthly minimum deposit rule.


When comparing savings accounts in the United States, it's always a good idea to read the fine print for those little-known fees.

It is not uncommon for banks to want to charge you for annuity, maintenance or for incurring a balance below the limit. Knowing this information will allow you to save more.

It is also important to consider if any of those expenses that they want to apply to you are offset by the benefits included in the savings account.

Remember that neither the APY nor the interest rate include the commissions, for which they are deducting money from you. This fact implies that you must weigh what conditions will be more favorable in the long run for your personal finances.

Availability of services

Finally, we recommend you check the banks that give you greater flexibility of use with these financial instruments. This is because they do not usually include a checkbook and are limited to 6 monthly pre-authorized operations outside agencies or ATMs.

It is a good idea to know how this product can complement your checking account.

En español: Mejores cuentas de ahorro