www.nerdwallet.com
Open in
urlscan Pro
104.18.43.71
Public Scan
Submitted URL: https://clicks.nerdwallet.com/u/click?_t=39e7794eece247629b50b18464f32a68&_m=63e950c830f34f088e1ffe58a4411259&_e=jlYRc3M8iTe26...
Effective URL: https://www.nerdwallet.com/m/banking/standout-online-savings-accounts-10?utm_source=Iterable&utm_medium=email&utm_campaign=...
Submission: On March 15 via api from CA — Scanned from CA
Effective URL: https://www.nerdwallet.com/m/banking/standout-online-savings-accounts-10?utm_source=Iterable&utm_medium=email&utm_campaign=...
Submission: On March 15 via api from CA — Scanned from CA
Form analysis
0 forms found in the DOMText Content
Skip to contentNerdWallet Home Page Sign in Sign up Join Up your money game with a NerdWallet account Up your money game with a NerdWallet account Continue with Apple or continue with email By signing up, I agree to NerdWallet's Terms of Service and Privacy Policy. Banking Banking Standout Online Savings Accounts Advertiser disclosure YOU’RE OUR FIRST PRIORITY. EVERY TIME. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners. ADVERTISEMENT: products from our partners STANDOUT ONLINE SAVINGS ACCOUNTS The best online savings accounts offer high interest rates while being a great place to park your money. Because online banks don’t have the expense of maintaining branches, they can offer high-interest savings paying many times higher than the national average of 0.46%*. To make the search easier, we created this shortlist of standout picks from our partners. Check out the offers, from our partners, and start earning interest today. The best online savings accounts offer high interest rates while being a great place to park your money. Because online banks don’t have the expense of maintaining branches, they can offer high-interest savings paying many times higher than the national average of 0.46%*. To make the search easier, we created this shortlist of standout picks from our partners. Check out the offers, from our partners, and start earning interest today. Show More STANDOUT ONLINE SAVINGS ACCOUNTS FROM OUR PARTNERS Bank/institutionNerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. APYBonusLearn more SoFi Checking and Savings Learn more at SoFi Bank, N.A., Member FDIC 4.5 /5 4.60% SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. With $0 min. balance for APY $300 Earn up to $300 with direct deposit. Terms apply. Learn more at SoFi Bank, N.A., Member FDIC UFB Secure Savings Learn more at UFB Direct, Member FDIC 4.5 /5 5.25% With $0 min. balance for APY N/A Learn more at UFB Direct, Member FDIC Barclays Online Savings Account Learn more at Barclays, Member FDIC 4.5 /5 4.35% With $0 min. balance for APY $200 $200 Bonus for new Customers with $25,000 minimum balance. Terms Apply. To qualify for this $200 Bonus, you must be a new Barclays Savings customer, open an account March 4, 2024 – May 3, 2024, fund the account with at least $25,000 within the first 30 days of opening, and maintain the $25,000 balance for 120 consecutive days. After meeting these qualifications, the $200 bonus will be added to your account in approx. 60 days. Offer expires May 3, 2024. You may make multiple deposits from another financial institution to fund this account so long as at least $25,000 is deposited no later than 30 days from open date. Withdrawals which drop the balance below $25,000 could affect your bonus eligibility. The bonus will be treated as interest and Barclays could send you a Form 1099-INT for tax reporting. While there is no minimum deposit to open a Barclays Savings account, this bonus offer requires a $25,000 minimum deposit. Offer subject to change or cancellation without notice. Requirements to qualify Learn more at Barclays, Member FDIC American Express® High Yield Savings Account Learn more at American Express National Bank, Member FDIC 4.0 /5 4.35% 4.35% APY (annual percentage yield) as of 12/14/2023 With $1 min. balance for APY N/A Learn more at American Express National Bank, Member FDIC Upgrade Premier Savings Learn more at Upgrade, Deposits are FDIC Insured 4.5 /5 5.21% With $1,000 min. balance for APY N/A Learn more at Upgrade, Deposits are FDIC Insured CIT Bank Platinum Savings Learn more at CIT Bank, Member FDIC 4.5 /5 5.05% With $5,000 min. balance for APY N/A Learn more at CIT Bank, Member FDIC YOU MAY ALSO LIKE THESE WEALTHFRONT CASH ACCOUNT 4.5 NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. Monthly fee $0 APY 5.00% With $1 min. balance for APY Bonus $60Deposit $25,000 or more to get a sign-up bonus of $60. The tiered incentive is for individual accounts only. Joint accounts and trust accounts do not qualify. Requirements to qualify Learn more at Wealthfront INTERACTIVE BROKERS IBKR LITE 5.0 NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Fees $0 per trade Account minimum $0 Promotion None no promotion available at this time Learn more on Interactive Brokers' website CHARLES SCHWAB 4.9 NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Fees $0 per online equity trade Account minimum $0 Promotion None no promotion available at this time Learn more on Charles Schwab's website SOFI CHECKING AND SAVINGS NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. 4.5 /5 Learn more at SoFi Bank, N.A., Member FDIC APY 4.60%SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. Bonus $300 UFB SECURE SAVINGS NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. 4.5 /5 Learn more at UFB Direct, Member FDIC APY 5.25% Bonus N/A BARCLAYS ONLINE SAVINGS ACCOUNT NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. 4.5 /5 Learn more at Barclays, Member FDIC APY 4.35% Bonus $200$200 Bonus for new Customers with $25,000 minimum balance. Terms Apply. To qualify for this $200 Bonus, you must be a new Barclays Savings customer, open an account March 4, 2024 – May 3, 2024, fund the account with at least $25,000 within the first 30 days of opening, and maintain the $25,000 balance for 120 consecutive days. After meeting these qualifications, the $200 bonus will be added to your account in approx. 60 days. Offer expires May 3, 2024. You may make multiple deposits from another financial institution to fund this account so long as at least $25,000 is deposited no later than 30 days from open date. Withdrawals which drop the balance below $25,000 could affect your bonus eligibility. The bonus will be treated as interest and Barclays could send you a Form 1099-INT for tax reporting. While there is no minimum deposit to open a Barclays Savings account, this bonus offer requires a $25,000 minimum deposit. Offer subject to change or cancellation without notice. AMERICAN EXPRESS® HIGH YIELD SAVINGS ACCOUNT NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. 4.0 /5 Learn more at American Express National Bank, Member FDIC APY 4.35%4.35% APY (annual percentage yield) as of 12/14/2023 Bonus N/A UPGRADE PREMIER SAVINGS NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. 4.5 /5 Learn more at Upgrade, Deposits are FDIC Insured APY 5.21% Bonus N/A CIT BANK PLATINUM SAVINGS NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. 4.5 /5 Learn more at CIT Bank, Member FDIC APY 5.05% Bonus N/A BUILDING AN EMERGENCY FUND Emergency funds don’t get enough credit. They’re useful to literally everyone and protect you from falling into debt when life happens. Think: blown transmission, a surprise vet bill or even losing a job. Experts recommend having 3-6 months of living expenses in your fund. And because the money needs to be available at last notice — but might sit around for quite a while — a high-interest savings account is one of the best accounts you can use. WHY ONLINE BANKS DOMINATE THE LIST The two most important factors for virtually every bank-shopper are APYs and maintenance fees (since they have the biggest impact on your bottom line). And, as it happens, online banks are offering massive APYs — as much as 11x the average APY** — plus, they also offer rock-bottom maintenance fees. -------------------------------------------------------------------------------- *The national average annual percentage yield ("APY") is listed as 0.46% as reported by the Federal Deposit Insurance Corporation as of February 20, 2024. **11x more interest based on the national average annual percentage yield ("APY") of 0.46% (as reported by the Federal Deposit Insurance Corporation as of February 20, 2024) as compared to online banks with interest-bearing savings account APYs of 0.40% or more. Estimated annual earnings result assumes principal and interest remain on deposit for one year and interest rates and APY do not change. Estimated annual earnings are for informational purposes only. Interest rates and APY are subject to change and specific results cannot be guaranteed. To recap our selections... NERDWALLET'S STANDOUT ONLINE SAVINGS ACCOUNTS * SoFi Checking and Savings: 4.60% APY * UFB Secure Savings: 5.25% APY * Barclays Online Savings Account: 4.35% APY * American Express® High Yield Savings Account: 4.35% APY * Upgrade Premier Savings: 5.21% APY * CIT Bank Platinum Savings: 5.05% APY NerdWallet Home Page Finance smarter BankingCredit ScoreCheckingSavingsPrepaid Debit CardsMoney TransferCDs Credit CardsCredit Card BasicsStudent Credit CardsCash Back Credit CardsAirline Credit CardsLow Interest and No Fee Credit Cards Financial PlanningPaying off debtCollege SavingsMaking Money Financial News InsuranceAuto InsuranceHomeowners InsuranceLife InsuranceMedicareRenters InsurancePet Insurance InvestingRetirement PlanningRoth IRAEstate PlanningBrokers401k LoansAuto LoansStudent Loans MortgagesMortgage RatesMortgage ProcessHomeownershipHomeownership CostsSelling Your HomeHome AffordabilityProperty Taxes Small BusinessRunning Your BusinessSmall-Business LoansBusiness Credit CardsSmall-Business TaxesStarting a Business TaxesIncome TaxesInvestment TaxesPersonal Taxes TravelVacations & Trip PlanningReward OptimizationsRental CarsTravel Insurance Banking Explore Banking Credit Score Checking Savings Prepaid Debit Cards Money Transfer CDs Credit Cards Explore Credit Cards Credit Card Basics Student Credit Cards Cash Back Credit Cards Airline Credit Cards Low Interest and No Fee Credit Cards Financial Planning Explore Financial Planning Paying off debt College Savings Making Money Financial News Explore Financial News Insurance Explore Insurance Auto Insurance Homeowners Insurance Life Insurance Medicare Renters Insurance Pet Insurance Investing Explore Investing Retirement Planning Roth IRA Estate Planning Brokers 401k Loans Explore Loans Auto Loans Student Loans Mortgages Explore Mortgages Mortgage Rates Mortgage Process Homeownership Homeownership Costs Selling Your Home Home Affordability Property Taxes Small Business Explore Small Business Running Your Business Small-Business Loans Business Credit Cards Small-Business Taxes Starting a Business Taxes Explore Taxes Income Taxes Investment Taxes Personal Taxes Travel Explore Travel Vacations & Trip Planning Reward Optimizations Rental Cars Travel Insurance about Company Leadership Careers Corporate impact Diversity & Inclusion Editorial guidelines Star rating methodologies Editorial team News Press kit Investors help Help center Support team Community Security FAQs legal Terms of use Supplier Code of Conduct Privacy policy California privacy policy Privacy preferences Do not sell or share my personal information Download the app Learn more about the app Disclaimer: NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. NerdUp by NerdWallet credit card: Bank services offered by Evolve Bank & Trust, Member FDIC. The NerdUp by NerdWallet Credit Card is issued by Evolve Bank & Trust pursuant to a license from Mastercard International, Inc. NerdWallet Compare, Inc. NMLS ID# 1617539 NMLS Consumer Access|Licenses and Disclosures California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812 Insurance Services offered through NerdWallet Insurance Services, Inc. (CA resident license no.OK92033) Insurance Licenses NerdWallet™ | 55 Hawthorne St. - 10th Floor, San Francisco, CA 94105 NerdWallet USA | NerdWallet UK | NerdWallet CA | NerdWallet AU NerdWallet CA|NerdWallet AU © 2024 NerdWallet, Inc. All Rights Reserved. * * *