Quidget Test

on Capital One's website

Overview

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APY

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Min. deposit

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Monthly fee

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Why we picked it

Capital One Savings offers a robust mobile app and over 280 local branches, making this a strong choice for those who want the option to bank online or face-to-face. That said, you may be able to find better interest rates elsewhere.

  • Above-average rates

  • No account fees

  • No minimum deposit requirements

  • In-person and online banking

  • No withdrawal limits

  • Other banks may offer better rates

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Overview

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APY

apy

Min. deposit

min_deposit

Monthly fee

monthly_fee

rates_last_updated

Why we picked it

A Western Alliance Bank savings account offers market-leading returns on your savings, and unlimited withdrawals alongside no monthly maintenance fees sweeten the deal. But be aware that this account comes with the trade-off of limited access to your money, with no ATM access and no mobile app.

  • High rates

  • No account fees

  • No withdrawal limits

  • min_deposit minimum opening deposit

  • Online-only banking

  • No mobile app

  • Links to only one external account

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on Live Oak Bank's website

Overview

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APY

apy

Min. deposit

min_deposit

Monthly fee

monthly_fee

rates_last_updated

Why we picked it

The selling feature of a Live Oak savings account is its high rates. Beyond that, a well-equipped mobile app and no monthly withdrawal limits mean convenient access to your money. Zero account fees paired with no minimum opening deposit make this a good pick for those comfortable with banking fully online.

  • High rates

  • No minimum balance requirement

  • No monthly maintenance fees

  • No withdrawal limits

  • Online-only banking

description

Earn more with a high-yield savings account

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About the author

Ben Luthi has worked in financial planning, banking and auto finance, and writes about all aspects of money. His work has appeared in Time, Success, USA Today, Credit Karma, NerdWallet, Wirecutter and more.

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